ObamaCare Raises Health Insurance Premiums, Especially For The Young

The Affordable Care Act has dramatically increased the cost of buying a health insurance plan on the individual market in California, Texas, Florida, New York, Illinois, Georgia, and North Carolina, states that account for more than half of America’s uninsured adults, according to a study by Sector & Sovereign, a sell-side firm that focuses on advising investors what sectors to put their money in.

Worse, the firm argued in a note earlier this week, the increases in cost are most substantial for the young.