#IWANTREPEAL: Two New Studies Confirm: ObamaCare Costs are Rising at “Accelerated” Pace

Two New Studies Confirm: ObamaCare Costs are Rising at “Accelerated” Pace

Regardless of Obama’s Promise, His Healthcare Takeover is Neither Containing Costs Nor Reducing Premiums

In 2008, President Obama Campaigned For His Big-Government Takeover Of Healthcare By Pledging It Would Reduce Coverage Costs:

“’The costs for families for the same type of coverage that they’re currently receiving would go down 14 percent to 20 percent,’ [said Obama].” (Julie Percha, “Health Care Summit Fact Check: Will Premiums Go Up?,” ABC News, 2/25/2012)

However, Two Recent Independent Studies Prove That Healthcare Costs Continue To Rise Despite President Obama’s Promise To Lower Them With His Government Healthcare Takeover:

“Two new independent studies of health insurance premiums and health care spending indicate both are rising at an accelerated pace, despite President Obama’s 2008 promise to contain those costs and his pledge that his health care legislation would reduce premiums.

“Spending on health care rose 4.6 percent in 2011 — up $4,500 per person, on average — according to the nonpartisan Health Care Cost Institute. That’s up from a 3.8 growth rate in 2010.” (Jake Tapper, “Rising Health Costs Undermine Obama Pledge to Curb Trend,” ABC News, 9/25/2012)

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