When Obama Promised Healthcare Premiums Would Go Down For Everybody
Buzzfeed’s Andrew Kaczynski has a brutal piece detailing Obama’s broken promises of lowering premiums on all Americans:
When he was selling his health care overhaul as a presidential candidate and then as commander-in-chief, Barack Obama repeatedly argued that the plan would lower insurance premiums for everyone. But in California, at least, healthy young people — the vast majority of whom voted for Obama in 2012 — are seeing their costs go up.
Conservative author Avik Roy at Forbes reported Thursday that ” for the typical 25-year-old male non-smoking Californian, Obamacare will drive premiums up by between 100 and 123 percent.” Roy cited data on eHealthInsurance.com showing that the median cost of the five cheapest health care plans in California was only $92 for young people, while under the ObamaCare exchanges the cheapest plan will cost an average of $184 a month.
Obama himself promised that everyone’s premiums cost would be lower under his health care plan.
“My plan begins by covering every American. If you already have health insurance, the only thing that will change for you under this plan is the amount of money you will spend on premiums. That will be less,” Obama said in his May 2007 speech unveiling his health care plan.
“If you are one of the 45 million Americans who don’t have health insurance, you will have it after this plan becomes law. No one will be turned away because of a preexisting condition or illness,” Obama continued. “Everyone will be able buy into a new health insurance plan that’s similar to the one that every federal employee – from a postal worker in Iowa to a Congressman in Washington – currently has for themselves.”
Last January, however, insurers predicted to the conservative American Action Forum that small employers’ premiums for healthy people 27 and under are likely to increase an average of 169%, while less-healthy people 55 and older would see their costs decrease less than 25%.
This news comes after Obama’s own Health and Human Services Secretary Kathleen Sebelius, who is in charge of implementing ObamaCare, admitted premiums would go up.
File this under another ObamaCare broken promise…