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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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.
They should allow catastrophic health insurance for that and appropriately price the risk instead of expecting people to pay the price of a comprehensive plan but only receive the benefits of a catastrophic plan. The current system just allows higher risk people to rip off their neighbors.
Exactly.
Catastrophic plans are the only sane insurance. Insurance for everything defeats the point of insurance, has caused insane rates and been used to massively inflate the cost of medical care. It just becomes a middle man that you have to work through to get medical coverage, which lets the medical industry charge even more instead of actually having to compete.
You can sorta get that with an HSA linked plan
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.