The Affordable Care Act — "Obamacare" to its detractors — allows health  insurers to charge smokers buying individual policies up to 50 percent higher  premiums starting next Jan. 1.
For a 55-year-old smoker, the penalty could reach nearly $4,250 a  year. A 60-year-old could wind up paying nearly $5,100 on top of  premiums.
Younger smokers could be charged lower penalties under rules proposed last  fall by the Obama administration. But older smokers could face a heavy hit on  their household budgets at a time in life when smoking-related illnesses tend to  emerge.
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