Arguably, most Americans who have the slightest inkling about what’s going on in the world around them knows that the law known as the Affordable Care Act (aka “ObamaCare”) has reduced healthcare choices and raised premium prices on the majority of paying Americans.
However, the hardest hit appears to be the Millennial generation who, by design under the law, are needed to pick up the tab for the older, sicker generations.
As Business Insider notes, Obamacare increases are expected to rise 25% nationwide in 2017. However, it is the 27-year olds that appear to be taking the brunt of the hits.
To create its estimates, the agency [the Department of Health and Human Services] looked specifically at data in each state for a 27-year-old nonsmoker buying the second-lowest-cost silver plan (the middle tier of the gold, silver, and bronze exchange options).
The increases vary heavily by state, with Indiana and Massachusetts seeing an average 3% decline in costs while Arizona tops out with a 116% average increase.
“Young people have absolutely rejected ObamaCare, and I think this is something the administration did not anticipate,” says Emily Jashinsky, spokeswoman for Young America’s Foundation.