Broken Promise #1: No, Families Won’t Save $2,500 Every Year Under the Health Care Law
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This week marks the two-year anniversary of the Patient Protection and Affordable Care Act (PPACA) being signed into law—a law that continues to be unpopular with the public. An ABC News/Washington Post poll found 52% of Americans oppose the law, while only 41% support it.
If you haven’t already, expect to see lots of propaganda from the administration and their allies misrepresenting how amazing the law is.
For a much-needed dose of reality, I’ll be pointing out the most significant promises broken to date by the PPACA.
Today’s broken promise: The health care law will lower the insurance premiums for the average family by $2,500.
Then candidate Obama and his allies made that promise--a lot, but a look at the hard facts reveal that the law has increased costs, instead.
First, the Kaiser Foundation found that average family premiums are going up not down:
The premium rise in 2011 was "triple the growth seen in 2010."
Next, FactCheck.org concluded that the PPACA “falls short of making health care ‘affordable and available to every single American,” as promised,” and that “the new law is making health care slightly less affordable.” Part of the reason for the increase in premiums is the new benefits mandated by the law.
Then there’s the Congressional Budget Office (CBO) who in 2009 during the Senate debate over the law, estimated that health insurance policies in the individual market would increase by $2,100 per family.
This is a classic case of overpromising and underdelivering. No wonder a majority of the public opposes the PPACA.
Come back tomorrow when I highlight the failure of another health care law promise. For now, I leave you with a fitting musical interlude:
Post in this series:
- Broken Promise #1: No, Families Won’t Save $2,500 Every Year Under the Health Care Law
- Broken Promise #2: ERRP Would Last until 2014
- Broken Promise #3: The Health Care Law Will Cover 32 Million Uninsured Americans
- Broken Promise #4: If You Like Your Health Insurance Plan You Can Keep It
- Broken Promise #5: The Small Business Tax Credit Will Help Millions of Small Businesses Afford Health Care for their Employees