Did insurance premiums really increase because of Obamacare? I am continuing to write my essay on Universal healthcare, showing both the pros and cons, but I haven't been able to find any evidence Obamacare actually increased premiums, all I can find are conservative media outlets saying so. Trump often claimed Obamacare caused insurance prices to rise, and even some to lose their insurance, but I'm have trouble finding any evidence of that. Does anyone know anymore about this, or have any links to credible sites showing evidence of it?
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Yes, dramatically so, my premiums doubled for my family within a couple of years. Turns out that giving a predatory industry a captive audience doesn't make prices go down.
This is what I thought, but I'm having trouble locating any studies or facts that back up this claim.
Just compare historical premium averages over time.
I know people who were kicked off their insurance or were forced to pay for stuff they didn’t need (like childcare when their kids were grown) but that is anecdotal
Don't forget the people who ditched their plans all together because they could never reach their deductibles let alone get enough money out of the insurance company to make the premiums worth it. I've seen deductibles as high as $5000 for singles and $10000 for families. Why pay the premiums when you're not getting any benefits from the plan?
For when you get some horrific injury and don't have a spare $300,000 laying around to cover the surgery and hospital stay.
There has been a continual decrease in benefits while the cost goes up since Obamacare. Whether you can blame that all or not on Obamacare, it did not achieve its ostensible populist goals. Yeah you pay for stuff you don't need, because actually trying to get them to pay for anything you do need is like pulling teeth.
One of the things Obama care caused was by causing hospitals to form monopolies and duopolies. Due to some changes in the way insurance interacts with those medical entities, it very strongly promoted that they unify or go out of business as it practically mandated exclusivity deals. This reduction in competition greatly exacerbated issues around Healthcare costs as they drastically raised prises. Sadly this is only 1 facet of many of the plagues of issues Obama care unleashed upon us.
Notably, this happened in Michigan to such a degree that nearly their entire healthcare system is functionally useless. Instances for example of major surgeons having pilot's licenses instead of medical licences. Obamacare is a goddamn nightmare. Younger people don't realize how much better hospitals were back in the day, and how much easier shit was for the average person.
Ask people you know. Collecting first-hand knowledge is original research, believe it or not.
Its anecdotal. Unless you can get your sample size incredibly high it'll always be a weak link in your data. Great for starting points, and establishing trends if given, but easily dismissable.
Dismissing firsthand experience is a redditism. Especially in place of massaged data.
Nah, just define your population of interest narrowly.
Stats are fake and gay anyway.