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Are about to nearly triple. he joins us live with more on that. that s right. andy and amy are just the kind of people who should be helped by obamacare but they recently got a nasty surprise. my suspicions were aroused when i saw your action required benefit changes enclosed, act now for my insurance carrier. of course, i opened it immediately. and it had stunning news. the insurance for them and their two boys, which they bought on the individual market, was going to almost triple with the beginning of the new health care law in 2014. from $333 a month to $965 a month. and the insurance carrier said that the new premium was higher in order to be compliant with the new health care law. listen. this is not a cadillac plan. this is not even a silver plan. this is a heidi deductible plan ....
More now on the fight other obama care. the president s health care overhaul was supposed to rein in costs, after all it s called the affordable care act but here s the story of a kentucky family who begs to differ. reporter: angie and andy and their two boys are the kind of people who should be helped by obama care but they recently got a nasty surprise. when i saw the letter and came home from work, your action required benefit changes enclosed, act now for my insurance carrier. reporter: and it had stunning news. the insurance for the family and their two boy, which they bought on the individual market, was going to almost triple in 2014 from $333 a month to $965 a month, and the insurance carrier made it clear the increase was in order to be complaint with the new health care law. this is a high deductible ....
The aftermath of sandy in long island. and, rick, most people have turned the page, but not there in long island. it is still devastating, huh? yeah, latest numbers still about 130,000 people without power at its worst, right after sandy, it was 965. so recollect certainly large improvement storm still without power. it s a bitter pill to swallow. they say they are doing everything they can. they brought more people in yesterday. more linemen to be working in the area. but i can tell you driving out here this morning. you drive through big pockets of dark and couple little pockets of light. also drove past a number of gas tankers going in to fill up the gas station. even with that said at this early in the morning drove past very long gas line. people, i think, maybe trying to beat the rush. it is a warmer morning this morning, which is certainly good news for people. take a look at the weather maps and can you see right around this area, it is into the 40s. so that s better than it ....
If you are renting in these areas you could be making a mistake. trade that in and get some equity. break in in more than two years. three years is substantial as well. we have rif side, dallas, fort worth, pittsburgh, ohio, cincinnati, columbus, cleveland. pu look at minneapolis. average home $122 less than the average rent of 965 a month. in this area, too, values are down 40 percent. if you are a long-term renter in these areas. under five years. we have philadelphia, we have sacramento, dc, portland, san diego, seattle. the list is substantial. it s unusual. you think break even. determine how long you are going to live somewhere. that s the number one factor how long you are going to live in the home. ....
Get out of new york. [ laughter ] i know, right? thinking is maybe a little bit of a surprise. atlanta. minneapolis. i think here is the thing with minneapolis. okay, the average monthly mortgage payment is now $122 less than the average rent of $965. just an astounding payment. that s an average nationally. in that particular area. one of the worst areas for renters minneapolis. down 30% from the peek. message being if you are interested in buying. here is where renters have the upper hand. these are the expenses here. new york, for example, the break-even point is over five years. this is expensive city for renters and buyers. for san francisco it s it nearly six years. melville park substantially higher than that. and then you have got san who he safe that s just crazy texas. ....