Barack Obama promised Americans Obamacare would reduce insurance premiums by $2,500 per family per year
Obama made this claim at least 22 times:
Barack Obama promised repeatedly that Obamacare would reduce your premiums by $2,500 per year. It was a lie. The exact opposite happened. Average premiums have skyrocketed, for some groups as much as 78 percent.
On Monday the AP reported that Obamacare premiums will go up an average of 25% next year.
The AP reported:
Premiums will go up sharply next year under President Barack Obama’s health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That’s sure to stoke another “Obamacare” controversy days before a presidential election.
Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of 25 percent across the 39 states served by the federally run online market, according to a report from the Department of Health and Human Services. Some states will see much bigger jumps, others less.
Moreover, about 1 in 5 consumers will only have plans from a single insurer to pick from, after major national carriers such as UnitedHealth Group, Humana and Aetna scaled back their roles.
“Consumers will be faced this year with not only big premium increases but also with a declining number of insurers participating, and that will lead to a tumultuous open enrollment period,” said Larry Levitt, who tracks the health care law for the nonpartisan Kaiser Family Foundation.
Crazy Obama says it’s the millennials’ fault.
Obama: It’s Millennials’ Fault That Obamacare Sucks [VIDEO] pic.twitter.com/5SNqX9ecVm
— MicroSpookyLeaks™ (@WDFx2EU7) October 24, 2016