December 01,2015

Press Contact:

Aaron Fobes, Julia Lawless (202)224-4515

Obamacare Premiums Continue Going Up, Up, & Up

Health Law Fails to Address Costs for American Families

Despite promises that Obamacare would lower health care costs by $2,500 for families, health insurance premiums continue to go up, up and up.

In fact, the Obama Administration has already admitted that average Obamacare premiums are expected to rise by a whopping 7.5 percent this year alone.

And, if that is not enough, take a look at recent headlines that show even more concern for rate hikes across the country:

 

In Minnesota, insurance policies on the exchange have rate hikes in the double digits - between 14 and 49 percent. 

In Oregon, premiums for the benchmark plan on the exchange will go up by about 23 percent.

In Alaska, the premium hike will be more than 31 percent for the benchmark plan.

In Oklahoma, the second lowest cost silver plan premiums will increase more than 35 percent. 

In Utah, plans on the federally-run exchange will be 22 percent higher next year.

The evidence is clear: Obamacare has led to less affordable coverage for American families, workers, and job creators. The time for repeal is now.

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