The Campaign Spot

Election-driven news and views . . . by Jim Geraghty.

Health Care Costs Still Going Up Under Obamacare? Unthinkable!


Greg Sargent transmits the next charge against Paul Ryan: “Dems are now going to launch a new offensive hammering home a simple point: Under the Romney/Ryan plan, health care costs for current seniors do go up.”

Er… have any of these Democrats looked at health care costs for everyone since Obamacare was enacted?

Health insurance costs for families are up considerably: “Kaiser’s survey found that annual insurance premiums to cover people through their employers average $5,429 for single people and $15,073 for a family of four in 2011. Those rates rose 8 percent for single people and 9 percent for families. In 2010, premiums rose just 3 percent for families from the previous year.”

Then there’s the price hikes in the current year: “The cost to cover the typical family of four under an employer plan is expected to top $20,000 on health care this year, up more than 7 percent from last year, according to early projections by independent actuarial and health care consulting firm Milliman Inc.”

PricewaterhouseCoopers’ Health Research Institute projects medical costs will increase 7.5 percent for 2013, a rate they characterize as “relatively flat growth.” The National Business Group on Health projects a similar figure: “With the cost of employer-provided health care benefits at large U.S. employers expected to rise another 7 percent next year, employers are eyeing a variety of cost-control measures including asking workers to pay a greater portion of premiums but also sharply boosting financial rewards to engage workers in healthy lifestyles, according to a new survey by the National Business Group on Health, a non-profit association of 342 large employers.”

Of course, all of these rates of increase are much more dramatic that the rates of increase in inflation, wage growth, and other economic indicators: “The projected growth rate of 7.5 percent for overall healthcare costs contrasts with expectations for growth of 2.4 percent in gross domestic product and a 2.0 percent rise in consumer prices during 2013, according to the latest Reuters economic survey.”

Apparently the Obama message will be, “Don’t vote for Romney and Ryan, because they might fail to control the increasing cost of health care as badly as we have!”

Tags: Democrats , Obamacare , Paul Ryan


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