A comprehensive 50-state study has found that insurance premiums will increase under the first year of Obamacare in 45 of 50 states. This finding flies in the face of President Obama's promise that his health care overhaul would cause premiums "for the typical family" to fall by $2500.
The study, done by the Heritage Foundation, uses a model to estimate what premium rates have been previously and what the new rates would be, using census data and averages provided by the Department of Health and Human Services. "Individuals in most states will end up spending more on the exchanges," policy analyst Drew Gonshorowski writes.
Source: Town Hall. Read full article. (link)