Another Study Reveals Higher Obamacare Costs, Broken Promises
The National Business Group on Health this morning released their annual survey of employer health insurance policies. The survey found that health insurance costs are expected to rise another 7% next year. In addition, a majority (60%) of firms “plan to increase the percentage of the premium paid by employees in 2013,” while sizable numbers of firms plan to increase in-network deductibles (40%), out-of-network deductibles (33%), and/or out-of-pocket maximums (32%).
Candidate Obama repeatedly promised premiums would go down by $2,500 – and would go down that amount by this year. Yet while candidate Obama promised that premiums would go DOWN by $2,500, they actually have gone UP by nearly as much – from $12,680 in 2008 to $15,073 in 2011.
What’s more, even though candidate Obama promised that “you will not have to change plans,” today’s survey found that the number of firms able to keep their pre-Obamacare coverage has decreased yet again. Fully 57% of firms said they had no health plans with “grandfathered” (i.e., pre-Obamacare) status, and only about one-quarter (27%) were able to keep any portion of their coverage from before Obamacare’s passage – just two short years ago.
Rising costs, and more Americans losing coverage: today’s report provides further evidence of the broken promises that have marred Obamacare from day one, and once again make the case for why the law should be repealed.