Why ObamaCare Must Be Repealed
President Donald Trump has promised that his administration, and the Congress, will move quickly to repeal and replace ObamaCare.
ObamaCare has been an epic failure. And now, when we are so close to finally achieving repeal, it's good to remember why. The Daily Signal has published 8 reasons why ObamaCare needs to be repealed. Here's the first:
Despite repeated promises of premium reductions, Obamacare has delivered major increases.
In the employer-sponsored market, costs continue to increase. According to the Kaiser Family Foundation, average family premiums for employer-sponsored plans have increased almost 32 percent from 2010-2016.
In the individual market, where the bulk of Obamacare’s new rules and regulations have taken effect, the average nationwide premium increase has been 99 percent for individuals and 140 percent for families from 2013-2017, according to an eHealth report.
Deductibles keep rising, too, especially for Obamacare exchange plans. According to an analysis by HealthPocket, the average deductible for a bronze plan in 2017 is $6,092 for an individual and $12,383 for a family. The average silver plan deductible for an individual is $3,572 and $7,474 for a family.
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