Obamacare Means $1,700 More in Insurance Premiums for a Typical Family

Obamacare Means $1,700 More in Insurance Premiums for a Typical Family

Will a young, healthy, childless individual or couple buy health insurance costing 7.5 percent of their income as required by Obama's health legislation? Not until they get sick. Then, they can always buy the insurance -- and the Obama bill requires the insurance companies to give it to them. And, if the premiums come to more than 7.5 percent of their income because they are now sick, no problem. Obama will subsidize it.