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. By necessity as the insurance had to cover hundreds if not thousands of new conditions and the Obamacare law also restructured how medical insurance was calculated and paid out (EG it couldn't be a major profit center) The whole point of it was to make private medicine very difficult and messy to navigate so that they could race in and "save us" again by "simplifying" it all with a universal system... created of course by these same people.
To that end the actual costs and charges are BURIED so that it's very difficult to crack the money flow and actual costs.
That's by design.
Note Trump and the GOP had passed the law that said all medical practices and charges had to be listed up front by the hospitals.
As soon as Biden got in that regulation was suspended and I believe the law got repealed... curious that...