Study: Average Individual Market Premiums Soar 49 Percent Under Obamacare

  

 Monkey say, monkey do.

That central Obamacare promise, like its closest cousins, have been downgraded and revised to death. Last year, scholars at the Manhattan Institute ran a 49-state analysis of individual market healthcare rates under Obamacare and found a 41 percent increase on average. Their follow-up study of more than 3,100 counties across the country pegs the average hike at 49 percent. Consumers in New York -- home to a distorted, "death spiral"-plagued individual market prior to Obamacare -- are among the few Americans who've enjoyed an average rate drop. Virtually everywhere else, price tags went in the wrong direction.

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