Not So Affordable: Obamacare Resulting In Dramatic Increases In Health Insurance Costs For College Students


The cost of tuition and student fees has grown faster than pretty much every other expense Americans face these days including food costs, health care costs and housing costs. This has resulted in Americans accumulating huge amounts of student loan debts, to the point where citizens in this country carry more debt from college than from credit cards. Student loans are second only to mortgages in rankings of American household debt.

And, thanks to Obamacare, health insurance for college students is dramatically more expensive now too:

A Young America’s Foundation activist forwarded an email from the Vice President for Finance at his school, Guilford College (Greensboro, NC), informing him that, “For the 2012-13 academic year, the annual cost of the student health insurance is increasing from $668 to $1,179. This insurance premium has been charged to your student account.”

Why the increase? “Our student health insurance policy premium has been substantially increased due to changes required by federal regulations issued on March 16, 2012 under the Affordable Care Act.”

Guilford College has been forced to raise their student premiums 76 percent, yet this administrator still insists on calling it the Affordable Care Act.

Seems a bit ironic, to say the least.

Guilford joins a long list of colleges raising their premiums. Virtually all current student insurance plans do not meet ObamaCare’s mandates, and Forbes reports colleges have been forced to drop their plans or raise their premiums rates as much as 1,112% (and no, that’s not a typo).

You can read the full email referenced above here. “”As a result, all collegiate student health plans with an effective date of July 1, 2012 or after must provide a minimum benefit of at least $100,000 per policy year, have no limits on benefits deemed essential by the Act, and provide a preventative care benefit with no deductible, co-pays or co-insurance,” it reads. “In compliance with these mandates, the following changes have been made to the College’s student health insurance policy.”

In other words, because the government has decided for us what our insurance policies will and will not offer those policies will cost us more.

What the American health care system needs is more flexibility and choice for patients so that market forces can work to bring down inflated prices. What Obamacare has introduced is more rigidity and top-down government control which is, as we can already see, only serving to inflate prices further.

Obamacare, as we critics have pointed out all along, was sold as making health insurance more affordable and accessible. What it will actually accomplish is making health insurance less affordable and harder to access.

Rob Port

Rob Port is the editor of In 2011 he was a finalist for the Watch Dog of the Year from the Sam Adams Alliance and winner of the Americans For Prosperity Award for Online Excellence. In 2013 the Washington Post named SAB one of the nation's top state-based political blogs, and named Rob one of the state's best political reporters.

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