Just last week, the New York Times reported that the First Lady was promoting higher education for low income students. The story gives the reader the impression that Michelle Obama wanted to see the students added to the classrooms, not that she wanted to drive away all the middle class students and replace them with a few Medicaid recipients.
But if students are already having trouble paying tuition, it is about to get much harder for them, thanks to Obamacare.
For decades, universities and colleges have offered students bare-bones policies. But because of the Affordable Care Act, those policies no longer cut it – and universities are forced to decide whether to offer significantly higher-cost plans or cancel coverage altogether.
The new rules affect a broad swath of American schools, especially the small ones.
At Bowie State University in Maryland, the cost of student health insurance policies went from roughly $100 a year to $1,800 a year.
The cancelled plan offered $5,000 worth of medical coverage to students for just $54 per semester. University administrators said an acceptable replacement under the Affordable Care Act would have cost $900 per semester, a 1,500 percent increase.
Students who need individual coverage are likely to find a better deal for themselves on the Maryland Health Connection insurance exchange, University spokeswoman Cassandra Robinson said.
In the end, the school decided to drop the policy for all of its 5,500 enrollees. Students were notified of the dropped coverage on the school’s website.
“Bowie State University has suspended offering health insurance for domestic students for the 2013-2014 academic year,” according to the school’s official website. “Due to new requirements of the Affordable Care Act which will go into effect on January 1, 2014, the cost of insurance for domestic students will increase to approximately $1800 per year.”…
In Cranford, N.J., Stephen Nacco, the Union County Community College Vice President of Administrative Services, says the cost of health insurance is now “more than a thousand dollars per students and that it is dramatically different” than what it had been in the past.
So this means that the Obama Administration has just raised the price of going to college. That is pretty amazing for a policy and benefit that, according to Nancy Pelosi, was supposed to enable people to follow “your passion.” Back in 2009 (and probably many other times), Barack Obama claimed that people needed to go to college.
“In a 21st-century economy where the most valuable skill you can sell is your knowledge,” Obama said, “education is the single best bet we can make not just for our individual success, but for the success of our nation as a whole.”
So what is Obamacare doing “for the success of our nation as a whole”?