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.
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.