{"id":19921,"date":"2014-01-10T18:48:32","date_gmt":"2014-01-10T23:48:32","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=19921"},"modified":"2014-01-16T17:08:37","modified_gmt":"2014-01-16T22:08:37","slug":"rove-obamacare%e2%80%99s-latest-lie","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/19921\/rove-obamacare%e2%80%99s-latest-lie\/","title":{"rendered":"Rove: ObamaCare\u2019s Latest Lie"},"content":{"rendered":"<p><a href=\"http:\/\/online.wsj.com\/news\/articles\/SB10001424052702303848104579308290715681698 \" target=\"_blank\">Karl Rove<\/a> draws some much needed attention to the specific provision in Obamacare that increases the price young and healthy people pay for health insurance.<\/p>\n<p>The \u201cAdjusted Community Rating\u201d in the law contains a ban on charging anyone a premium more than three times someone else\u2019s. This new 3:1 ratio, called an \u201cage rating band,\u201d effectively prohibits insurers from pricing their product according to the age, health and lifestyle of the individual consumer (since to liberal ears that would be impermissible discrimination).<\/p>\n<p>But by requiring insurers to treat everyone as if actuarial factors didn\u2019t matter, Obamacare forces insurance companies to extract higher premiums from young and healthy people to pay for the care of older and sicker folks.<\/p>\n<p>That\u2019s why young people are paying more for health insurance under the misnamed \u201cAffordable Care Act.\u201d<\/p>\n<p>As a policy matter, Obamacare insurance plans act as a wealth transfer from younger to older Americans.<\/p>\n<p>Not that you\u2019ll hear anyone in the Obama administration point that out. In fact, as Rove observes, they\u2019re saying just the opposite.<\/p>\n<p>Despite logic and evidence to the contrary, the National Press Secretary for the Department of Health and Human Services said last week that Obamacare \u201cis making health insurance more affordable for young adults.\u201d<\/p>\n<p>Except that it isn\u2019t. And unlike much of what the Obama administration says about Obamacare, that\u2019s no lie.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karl Rove draws some much needed attention to the specific provision in Obamacare that increases the price young and healthy people pay for health insurance. The \u201cAdjusted Community Rating\u201d in the law contains a ban on charging anyone a premium more than three times someone else\u2019s. This new 3:1 ratio, called an \u201cage rating band,\u201d [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3308,1829,3463,35],"class_list":["post-19921","post","type-post","status-publish","format-standard","hentry","category-posts","tag-health","tag-insurance","tag-karl-rove","tag-obamacare"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=19921"}],"version-history":[{"count":8,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19921\/revisions"}],"predecessor-version":[{"id":19967,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/19921\/revisions\/19967"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=19921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=19921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=19921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}