President Obama recently admitted that Obamacare will cause some Americans to lose their doctors. Some have suggested that his promise “If you like your doctor, you can keep your doctor” should be 2014’s “Lie of the Year.” But what about his promise that Obamacare would lower premiums by $2,500 per family?
As we—what’s the opposite of celebrate?—the fourth anniversary of Obamacare’s passage this weekend, Americans have already seen their premiums double or even triple. And premiums aren’t finished going up.
Next year’s rates won’t be released until this summer, but The Hill recently spoke to insurance company officials and got a frightful preview of where they’re headed. One “insurance official, who hails from a populous swing state, said his company expects to triple its rates next year on the Obamacare exchange.”
This year’s pricing in the new Obamacare exchanges raised premiums for people buying in the individual market in at least 42 states. >>>See how much their premiums went up, by state
But none of this has been a surprise to Heritage’s health care experts.