A national study of the Affordable Care Act shows people in New Mexico who buy health insurance on their own could face a huge spike in their premium costs.
The Manhattan Institute for Policy Research, a fiscally conservative think tank based in New York City, looked at 13 states plus the District of Columbia and found that nine states will see increases on average while five will see decreases.
The study says that New Mexico, at 130 percent,will see the steepest rate hike, followed by Vermont (97 percent), South Dakota (83 percent) and Connecticut (50 percent).
“It’ll vary,” said Yevgeniy Feyman, the study’s lead research associate, in a telephone interview with New Mexico Watchdog. “In New York, it will probably be an improvement. In New Mexico, probably not because it’s adding a lot more regulations to the market.”
Feyman says the study was based on the government’s own figures from the www.finder.healthcare.gov website and went by zip codes, looking at the cheapest rates available for individual market insurance plans.Read the full story HERE.
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1 comment:
The SICK JOKE attached to this Train Wreck of a law is the name....the Affordable Care Act.
As it turns out, It seems that it's only affordable for those getting it with taxpayer subsidies or FREE. those of us paying the full price and footing the Bill for the others, KNOW BETTER!
BTW, make sure you use the interactive Map to see how much you'll be paying in your state.
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