3 ms·
> Insurance premiums have been going up long before the ACA was passed into law. They've gone up much faster after the ACA has gone into effect.
by chimeracoder 8y ago
> Insurance premiums have been going up long before the ACA was passed into law.
They've gone up much faster after the ACA has gone into effect.
- zzzeek 8y agoplease cite your sources. Here's one that contradicts this directly: https://www.forbes.com/sites/robbmandelbaum/2017/02/24/no-obamacare-hasnt-jacked-up-your-companys-insurance-rates/#4f22443a3a01 https://www.forbes.com/sites/robbmandelbaum/2017/02/24/no-ob... > Except that it doesn't seem to be true. Health insurance premiums have been rising for decades, almost (though not quite) as stubbornly reliable as an eastern sunrise. And it turns out that these increases actually slowed after the Affordable Care Act became law in 2010. That's according to data collected by the U.S. Department of Health and Human Services, which tracks a range of topics around spending on health care in its Medical Expenditure Panel Survey. The survey tracks the health insurance offered by private firms big and small, and in all cases, the average rate of premium growth from the time the law passed in 2010 through 2015 was actually lower than from 2004 to 2010. And premium growth was lowest for firms with fewer than 50 employees.