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.
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.