Our latest infographic GoHealth is dedicated to all you young people out there. Many of you have already broken out, trying to pay off student loans, and paying your rent on time every month. Well, BUZZ KILL ALERT: You are health insurance rates are about to rise, too
Take this example:
• In 2013, a single man aged 25 years with an annual income of $ 33,510 could find insurance coverage for about $ 2400 / year.
• In 2014, coverage for the same man will cost $ 3183 / year, even after receiving a premium tax credit to purchase health insurance from an online exchange. This represents an increase of $ 783 in one year
To illustrate why this is happening to you (while you are in your prime), we offer the following explanation colorful :.
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