By Johnny Kampis | Watchdog.org
CULLMAN, Ala. — A new study by the Manhattan Institute further shows how Obamacare is driving up the cost of health care premiums, breaking down rates by county.
Last November, the institute published a study that showed premiums would increase by an average of 41 percent in 2014, compared to 2013.
This week, the group, led by analyst Yegeniy Feyman, broke down the rates by county — 3,137 of the 3,144 in the United States — with the data segregated for 27-year-olds, 40-year-olds and 64-year-olds.
The results? If you’re young or old you’re really getting hammered, while middle-aged folks aren’t seeing a major rise in premiums.
Most Alabamians are seeing their health costs rise less than the national average. An examination of the data for some of the larger counties (Jefferson, Madison, Montgomery, Mobile and Tuscaloosa) shows Generation Y is being hit with an average increase of close to 30 percent, Generation X is seeing a negligible bump of 5 percent and Baby Boomers are being nailed with a 35 percent spike.
As you let that sink in, let’s recall this gem from President Obama:
“We’ll cut the costs of a typical family’s health care by up to $2,500 per year.”
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