By now, you should already be aware of your 2016 healthcare insurance premium rate, and judging by an analysis conducted by the Virginia-based non-profit Freedom Partners, we assume you are NOT pleased.
Why? Because rates skyrocketed by an average of 20 percent in 17 percent of all states.
Freedom Partners based this conclusion on data “sourced through publicly-available information on ratereview.healthcare.gov and state insurance departments”:
Carrier rate increase ranges and statewide averages were calculated with approved carrier rate increases for individual, marketplace plans. Averages are weighted by carrier membership for plans offered on the marketplace, unless otherwise noted.
Now check the chart below to see for yourself:
As an example, the healthcare insurance premium for your humble North Carolina-based correspondent skyrocketed from $279 to $370, or by about 32 percent. This is why, in fact, that your humble correspondent decided to forego insurance through Obamacare and instead sign up with a legitimate Obamacare alternative.
When I say Obamacare alternative, I mean the cost-sharing programs offered by Liberty HealthShare and Christian Healthcare Ministries, among others. The latter organization provides coverage for up to $125,000 per illness with an ostensible $1,000 “deductible” for as little as $85 per month.
Moreover, the “coverage” offered by such cost-sharing organizations is considered a legitimate alternative to Obamacare, meaning you get to avoid paying Obama’s annoying healthcare penalty.
If you dislike your premium but worry about the potential tax penalty, I highly suggest you consider one of these cost-sharing programs.
Look at it this way: By choosing an Obamacare alternative, you would be taking YOUR MONEY out of Obama’s crony system and thus make Obamacare that much more likely to collapse.
I don’t know about you, but I REALLY like the sound of that!