(The Daily Signal) While the House and Senate plan to repeal and replace Obamacare, members of Congress are hosting town hall meetings with their constituents and have been greeted by hostile crowds.
These folks seem to have amnesia about Obamacare’s glaring failures.
Here’s a quick refresher on Obamacare’s top four broken promises.
1. Costs are exploding.
President Barack Obama promised that his reform proposal would cut typical family costs by $2,500 annually. That, of course, never materialized.
The typical family today pays about 35 percent of their income for health care.
The small group and individual insurance markets were hit hard by big premium increases. An eHealth report concluded that from 2013 to 2017, the average individual market premium increases were 99 percent for individuals and a jaw-dropping 140 percent for families.
Costs have also increased for those with employer-sponsored insurance, according to the Kaiser Family Foundation, from 2010 to 2016, average family premiums for employer-sponsored plans nearly increased 32 percent.
Higher premiums are not the only shock. Out-of-pocket costs in the Obamacare exchanges, particularly deductibles, have been stunning. HealthPocket analyzed that for the lowest tier bronze plans in 2017, the average deductible for an individual is $6,092 and $12,383 for a family.
2. Competition and choice are declining.
Obama told America his proposal would increase competition in the health insurance markets but that hasn’t happened either.
On Tuesday, news broke that Humana will be leaving the Obamacare exchange markets next year. This was just the latest in a growing list of insurers who are jumping ship from this massive public policy failure.
Town hall audiences should take a good look at county-level data. A new Heritage Foundation analysis found that Obamacare’s exchanges, in their fourth year of operation, offer Americans little health insurer choice….