The Obama administration’s celebrations touting the Affordable Care Act, or ACA, as a rousing success were premature. There will be little to celebrate as Americans face dramatically higher health-insurance premiums, more health policy cancellations and limited access to providers in the coming years.
Now, according to a recent Gallup poll, four in 10 Americans are reporting that they are already paying more for health care this year.
This represents yet another broken ACA promise. The president repeatedly promised that the average American family would save $2,500 per year in health-insurance premiums.
New research from the Medical Industry Leadership Institute at the University of Minnesota is now predicting that ObamaCare will not only increase the ranks of the uninsured by 489,000 people by 2019, it also predicts that the cost of an individual middle-range exchange plan could increase by $1,375 within 5 years and a family’s by $4,198 during that same time period.
The American public already understands the reality of this health care scheme. The ACA is anything but affordable.
Naomi Lopez Bauman is Director of Health Policy for the Illinois Policy Institute.