Myth: Young people will pay a lot more for insurance under Obamacare.
Reality: It’s true that premiums will likely rise for some young adults, particularly men. But that doesn’t take two important considerations into account: federal subsidies and more comprehensive coverage.
The Obama administration Wednesday released a first look at how much consumers will pay for premiums in 36 insurance exchanges partly or fully run by the federal government. The exchanges open for enrollment on October 1, while coverage begins in January.