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"Happy Holidays from Obamacare" #2: Obamacare Isn’t Slowing Down Health Care Costs

December 06, 2013

“Happy Holidays from Obamacare” #2:  Obamacare Isn’t Slowing Down Health Care Costs, But it Does Force Americans to Pay More

 Today, Americans for Prosperity continued its “Three Weeks of Obamacare’s Problems” campaign by responding to the President’s claim that Obamacare has caused health care costs to increase at a slower rate. The President is expected to tout this today as part of his three-week pro-Obamacare tour.

The President is wrong. Not only is Obamacare not slowing down health care costs, but it is also picking Americans’ pockets by forcing them to pay more for their health care than ever before.

Obamacare Isn’t Slowing Down Health Care Costs

  • Social Security and Medicare Public Trustee Charles Blahous has demonstrated that even though health care costs aren’t growing as fast as before, Obamacare is not responsible for the slowdown.
  • Two of the programs built specifically to slow down health care costs—“wellness programs” and “Accountable Care Organizations”—have not demonstrated the savings benefits that were promised.

 Obamacare is Driving up Health Care Costs for Americans

  • According to Forbes, consumers in 41 states and DC can expect an average premium increase of 41 percent.
  • For men, a 27 year-old man’s premiums increased by 77 percent, while a 27 year-old woman’s increased by 18 percent.
  • 40 year-olds have seen an average premium increase of 28 percent for women and 37 percent for men.
  • A 64 year-old woman faces an average premium increase of 37 percent, while a man of the same age is facing a 47 percent hike.

 Obamacare Spikes Out-of-Pocket Costs

  • Adam Weldzius from Carpentersville, Illinois reported that his $233 monthly premium would more than double, while his deductible of $3,500 would more than triple.
  • One California couple saw a 40 percent increase in their doctor’s office co-pay, and their maximum out-of-pocket grew by $2,300.
  • Some plans with lower premiums offer skimpy prescription drug coverage, leading to thousands of dollars in unexpected out-of-pocket costs.

 “It’s telling that the President is already exaggerating claims only three days into his new Obamacare sales ,” said Tim Phillips, President of Americans for Prosperity. “Obamacare is not responsible for slowing health care costs, but it does force individuals and families to pay more for their health care than ever before.”

Phillips concluded: “The American public deserves an honest assessment of Obamacare and its problems. Instead, the President continues to put politics over people.”

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