Sen. Enzi: Obamacare Driving up Premiums

Friday, 05 Aug 2011 01:06 PM

By T.M. Golub

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Sen. Mike Enzi, R-Wyo., says Obamacare has already driven up insurance premiums and Congress must work to lower such costs for the individual and small businesses. Enzi made the statements this week at a hearing on health insurance premiums.
“As predicted, the new health law is already driving up health insurance premiums,” said Enzi, Senate Health, Education, Labor and Pensions Committee.. “The authors of the new healthcare law do not want to acknowledge that the reason premiums are going up is because the law they enacted is driving healthcare costs up. This result should come as no surprise to anyone.”
Armed with a recent actuary report from the Center for Medicare and Medicaid Services, Enzi argued that premiums are estimated to increase by 9.4 percent in 2014, the year full implementation of the healthcare law takes place.
“We must examine how the specific provisions in the new law are increasing premiums and determine how to replace those provisions with measures that could actually lower costs for individuals and small businesses,” Enzi said.

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