Saturday, May 6, 2017

Unlike ObamaCare, The GOP Health Bill Wasn't Built On Lies And False Promises

Investor's Business Daily ^ | 5/5/2017 | Staff 

Health Reform: While everyone is busy picking apart the flaws of the Republican ObamaCare replacement bill, one inconvenient truth is being overlooked: ObamaCare itself has been a colossal disaster.

Remember how ObamaCare was sold to the public: If you like your plan, you can keep your plan. It will lower premiums by $2,500, increase choice and competition, make health care affordable, create jobs, cut the deficit.

None of those promises came true. In 2013, millions discovered that the "keep your plan" promise was a lie — PolitiFact gave it the "Lie of the Year" award — when they started getting cancellation notices from their insurers. The Obama administration scrambled to minimize the political fallout by letting some keep those plans.

While Obama repeatedly promised a premium cut thanks to improved efficiency in the health care system, the opposite occurred. Workplace premiums for family plans jumped 9.4% the year after ObamaCare became law, and rose $4,767 from 2009 to 2006. ObamaCare premiums are going up at double-digit rates.
(Excerpt) Read more at investors.com ...