People shopping for coverage were able to preview the sharply rising premiums in many markets around the country.
Credit…Angel Valentin for The New York Times
Based on newly posted information:
- A family of four making $130,000 in Maine will face an increase of $16,100 in annual premiums.
- In Kentucky, a 60-year-old couple making $85,000 per year could face an increase of $23,700 in annual premiums.
- In Nevada, a similar couple could pay an additional $18,100 in annual premiums.
- In Minnesota, the cost for the couple might be $15,500 more.
- In Maryland, the cost might be an additional $13,700.
Source: New York Times
These numbers merely show the extent to which federal spending has been used to cover up the failures of Obamacare. That said, the GOP is probably missing an opportunity to offer an income-independent subsidy designed specifically to offset some of the hidden tax embedded within these ACA premiums.