Report: Obamacare premiums doubled by the time law fully implemented
A new Department of Health and Human Services report reveals Obamacare premiums doubled after all the regulations that accompanied the health-insurance law were fully implemented in 2014.
HHS compared premiums in the exchange marketplaces in 2013, one year before Obamacare regulations took full effect, to premiums in the exchange marketplace in 2017. The report found that average monthly premiums increased from $224 in 2013 to $476 in 2017. That constitutes a 105 percent increase in only 4 years.
“With data that shows average premiums doubling nationwide and Americans paying nearly $3,000 more for health insurance per year, this report is a sobering reminder of why reforming our health care system remains a top priority of the Trump Administration,” Alleigh Marré, national spokesman for HHS, said in a statement.
Obamacare since 2009 has been wreaking havoc on Americans’ wallets and on the potential earnings of future generations – all this during nearly a decade of economic stagnation. Americans deserve better from their elected leaders. Click here to help Tea Party Patriots demand our lawmakers repeal Obamacare entirely – as promised.