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Friday, October 18, 2013

Higher Costs + Incompetence = Obamacare In Maryland

Marylanders seeking health insurance on the state run Obamacare exchange—Maryland Health Connection—could see as much as a 13 percent increase in premiums.

The Heritage Foundation crunched pre Obamacare insurance data for all 50 states and compared them to premiums offered on the federal and state run Obamacare exchanges. The table below shows the average one-month premium in the non-group market and Obamacare exchanges.

In Maryland, an adult age 27 will see a 10 percent increase, and 50 year old will see 13 percent hike, and insurance for a family of four will go up from $593 a month to $614, a 3.4 percent increase.

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