20 September 2013

The cost of Obamacare: 660% increase

...if you're a student at the University of the District of Columbia.

The cost for mandatory health insurance for the 2012-13 academic year was $149 per year (according to this page, which hasn't yet been updated as of September 20th). This year:

$149 to $1,133 represents a 660% increase in the cost of health insurance, which is mandatory for all students.

To be clear, the University itself specifically indicated in an email that Obamacare's increased coverage requirements ("a minimum benefit of at least $100,000 per policy year, have no limits on benefits deemed essential by the Act, and provide a preventive care benefit with no deductible, co-pays or co-insurance") was the cause:
Due to changes in federal law (popularly known as Obamacare), the cost of coverage has increased significantly for the coming academic year.  
Students may waive the university-sponsored plan by providing proof of comparable coverage.  If you don't have coverage through your employer or other means, tough luck.

In a particularly sweet bit of irony, the image above was provided to me by a student who got a refund from the school, only after the school originally found his government-provided insurance to be insufficient.
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