CNN reports that student semester health insurance premiums jumped by more than 50% this fall at colleges and universities in North Carolina, in part due to the ObamaCare law, according to university officials.
In April, Tom Ross, the president of the University of North Carolina
system, sent a letter to the university's board of governors announcing
that students should brace for a hike in the cost of
university-provided insurance plans.
Ross explained that at least 64,000 North Carolina college students -
roughly a third of those enrolled in the state's 17 public universities
- should expect to see "substantial" increases in health coverage costs
for the 2012-2013 academic year.
"Based on more than three semesters of actual claims experience, as
well as the new provisions of the Affordable Care Act, we are facing
large increases in premiums for our students," Ross wrote in the letter.
In North Carolina, college students are required to have proof of
health insurance, either through their university, their parents or a
private provider.
Students who purchase insurance plans from North Carolina public
universities this fall will be shelling out $709 per semester. That's up
significantly from a cost of $460 per semester last year.
As Ed Morrissey at hotair.com
explains, the low-cost student health plans available to students last year were eliminated under ObamaCare, so students are forced to buy high-cost comprehensive plans instead.
If students wanted a comprehensive-policy option, they could have
gotten it without ObamaCare, and now students no longer have the more
sensible low-cost option thanks to ObamaCare’s mandate. ...college students haven’t realized so far just how badly ObamaCare exploits them to lower costs for the more politically reliable 40-54 YO demographic, who really benefit most by forcing younger people to pay higher premiums. They may begin to understand it, though, as those health-insurance bills get delivered this month.
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