Obamacare shock: College insurance prices soar

The future frightening payoffs of college loans are taking a backseat to the immediate and soaring costs of health insurance students are getting slapped with as they return to school this fall, all thanks to Obamacare.

Because of a rule in the Affordable Care Act that lifts caps on policy payoffs, the cheap insurance policies typically healthy students previously got are skyrocketing, some over 1,000 percent. The reason: Without payoff caps, insurance firms are boosting prices to cover their potential losses.

One example: a late July email to incoming students from Guilford College of Greensboro, N.C. revealed a jump from $668 to $1,179, a 75 percent jump. The reason stated: "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."

Read more at the Washington Examiner