Monday, March 3, 2014

45-state study: Obamacare offers less choice, higher prices, breaking another promise

From the Washington Examiner:
A new and comprehensive comparison of health insurance options offered by Obamacare versus private websites finds that President Obama's program offers less choice and higher prices than promised by the White House and leading Democrats.

Adding to the list of broken health care promises, the study from the National Center for Public Policy Research found that there were more and cheaper options available on websites outside the health insurance exchange in 2013 than on healthcare.gov and state Obamacare exchanges.

The report, "Obamacare Exchanges: Less Choice, Higher Prices,” looked at options available for a 27-year-old single person and a 57-year-old couple in metropolitan areas across 45 states.

The report found that a 27-year-old male had about 10 more policies to choose from on eHealthinsurance.com and finder.healthcare versus the exchange. The older couple had about nine more policy choices.

Ditto for the cost findings, with the 27-year-old male having access to 32 policies that cost less than the cheapest Obamacare offering, and the 57-year-old couple access to 29 cheaper policies.

"In general, consumers had substantially more policies to choose from on private websites such as eHealthinsurance.com and Finder.healthcare than they presently have on the exchanges," said the study.

"Obamacare supporters, including the president himself and Nancy Pelosi, claimed the exchanges would yield more choice and lower prices," said the study's author, David Hogberg. "This study shows those claims do not stand up.”

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