Hillary Clinton has promised that as President she’ll carry on and advance the failed, economically destructive policies of the Obama Administration, particularly Obamacare. But if rates are any indicator, come November, she may have to eat that promise:
As Election Day draws closer, Republican Donald Trump might have an ace in the hole: steep increases in health insurance premiums in some key battleground states.
For millions of Americans who do not receive taxpayer-funded subsidies under the Affordable Care Act, the health cost savings promised by President Obama never materialized. Ed Heislmaier, a senior research fellow at the Heritage Foundation, estimated that insurance premiums this year rose about 16 percent compared to the year before.
“It looks like it’s going to be a lot more going into ’17,” he said, pointing to the large premium hike requests that many insurers have submitted to state insurance commissioners.
Those premium increases vary wildly across the country. A recent analysis of 17 markets by the Kaiser Family Foundation found that the cost of the second-cheapest “silver” plan on the Obamacare exchanges will increase by an average of 9 percent, compared with a 2 percent increase the previous year.
AAN Staff
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