Chad Henderson is a 21-year-old Chattanooga State University student who works part-time at a day-care facility and had been without health insurance for the last 14 years.
So when the opportunity to sign up for Obamacare came Oct. 1, Henderson jumped on it. The whole process took him about three hours and ended at 3 a.m., but he got what he was looking for.
So what’s his monthly premium? Henderson, who reportedly earns $11,500 annually, will pay $175 per month under Obamacare, about 18% of his yearly income.
“It was a little more than I was expecting,” he tells the Washington Post. “I like the doctor benefits, but I would have really liked a plan that includes dental and vision, since I have contacts. That kind of stuff I would have preferred.”
Henderson likely could have received health insurance for as little as $44.72 on eHealthInsurance.com before Obamacare, according to Michael F. Cannon of the Cato Institute. And with Obamacare’s community-rating price controls that take effect in 2014, Henderson’s cheapest plan option on eHealthInsurance jumped up to $190.23.
So you get to pay MORE for something that doesn’t even have what you want? Oh, that’s got to be great, right?
Also, this Chad Henderson is an Obama supporter and an ‘Organizing for Action’ volunteer. I smell a huge bias.