NLXSK1
Well-Known Member
Hey all you tobacco junkies... Better start saving up cause under Obamacare, your rates are allowed to be 50% of non-smokers.
You all have fun with that...
You all have fun with that...
WASHINGTON (AP) Millions of smokers could be priced out of health insurance because of tobacco penalties in President Barack Obama's health care law, according to experts who are just now teasing out the potential impact of a little-noted provision in the massive legislation.The Affordable Care Act "Obamacare" to its detractors allows health insurers to charge smokers buying individual policies up to 50 percent higher premiums starting next Jan. 1.
For a 55-year-old smoker, the penalty could reach nearly $4,250 a year. A 60-year-old could wind up paying nearly $5,100 on top of premiums.
Younger smokers could be charged lower penalties under rules proposed last fall by the Obama administration. But older smokers could face a heavy hit on their household budgets at a time in life when smoking-related illnesses tend to emerge.
Read more: http://nation.foxnews.com/obamacare/2013/01/25/obamacare-makes-smokers-pay-5100-more-year#ixzz2J19wsGeD