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Rebutting President Obama on Obamacare and Premiums
Posted By Chris Jacobs On July 18, 2013 @ 12:21 pm In Obamacare | Comments Disabled
President Obama just finished speaking about Obamacare a few minutes ago. Several of his claims merit specific responses:
Average premiums would be 27 percent to 30 percent higher because a greater amount of coverage would be obtained. In particular, the average insurance policy in this market would cover a substantially larger share of enrollees’ costs for health care (on average) and a slightly wider range of benefits. Those expansions would reflect both the minimum level of coverage (and related requirements) specified in the proposal and people’s decisions to purchase more extensive coverage in response to the structure of subsidies.
The President claimed that policymakers should not “refight old battles”—and he’s right. Not even rebate checks given to a few million policyholders can hide Obamacare’s failure to meet his pledge to lower premiums by $2,500 per family . He should finally admit that the law has failed to achieve his campaign promises. And Congress should use that failed promise as justification to refuse to spend a single dime  on Obamacare.
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2013/07/18/rebutting-president-obama-on-obamacare-and-premiums/
URLs in this post:
 Image: http://blog.heritage.org/wp-content/uploads/Obama_NDU.jpg
 concluded: http://www.cms.gov/Research-Statistics-Data-and-Systems/Research/ActuarialStudies/downloads/PPACA_2010-04-22.pdf
 raise costs and premiums: http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/104xx/doc10492/08-07-prevention.pdf
 $2,500 per family: http://bit.ly/GLMlmL
 concluded: http://cbo.gov/sites/default/files/cbofiles/ftpdocs/107xx/doc10781/11-30-premiums.pdf
 refuse to spend a single dime: http://www.heritage.org/research/factsheets/2013/07/defund-obamacare
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