Obama Says People Can Purchase Healthcare More Cheaply, but He’s Wrong

by Sterling Beard

During his press conference yesterday, President Obama claimed that the 15 percent of the American population that still does not have health insurance would soon be able to get it at cheaper rates than they would currently pay on the private market: “They’re going to be able to go on a website or call up a call-center and sign up for affordable, quality health insurance at a significantly cheaper rate than what they can get right now on the individual market.”

However, as John McCormack points out over at The Weekly Standard, that’s not quite true. Obamacare is projected to drive up health-care costs for a lot of people who are currently on an employer-provided plan (in fact, insurance companies have already warned that premiums could rise over 20 percent in 2014), and multiple states are going to have higher premiums — much, much higher premiums.

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