Obamacare's bringing down health-care costs while providing more services to more people, and the all-important young demographic have been the folks most eager to enroll. Oh, wait....
The Affordable Care Act was supposed to make health care more affordable, but a study of insurance policies before and after Obamacare shows that average premiums have skyrocketed, for some groups by as much as 78 percent.
Average insurance premiums in the sought-after 23-year-old demographic rose most dramatically, with men in that age group seeing an average 78.2 percent price increase before factoring in government subsidies, and women having their premiums rise 44.9 percent, according to a report by HealthPocket scheduled for release Wednesday.
Of course, this is irrelevant, because there is no 23 year-old demographic and there never will be; that cohort can stay on their parents' plan through age 26, so they don't need to purchase health insurance until age 27. And they won't. It's actually doubtful that they'll bother even after they hit that magic age because the penalty for failure to comply is so much less than the cost of the insurance premiums over the course of a year.
Better yet, the premium increases for 30 year-old men, at 73.4%, are nearly as high as those for the mythical 23 year-old purchaser. At this rate, Barry and Nanny are never going to achieve anything close to sustainability.
It's all unicorns farting rainbows.