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Trump Slams ACA After Critical Report Showing Premium Costs Doubling

Image: Trump Slams ACA After Critical Report Showing Premium Costs Doubling
(AP)

By    |   Wednesday, 24 May 2017 01:10 PM

President Donald Trump tweeted on Wednesday the need to repeal and replace Obamacare following a report issued by the Department of Health and Human Services on the healthcare system.

The report shows that premiums in the 39 states that have used the federal exchange have gone up an average of 105 percent since 2013, one year before the Obamacare regulations were fully implemented.

New Jersey had the lowest premium increase at 12 percent during the time period, according to the report, while the cost of premiums tripled in Alaska, Alabama and Oklahoma.

"The status quo is unsustainable," a Department of Health and Human Services spokeswoman said in a statement.

"With data that shows average premiums doubling nationwide and Americans paying nearly $3,000 more for health insurance per year, this report is a sobering reminder of why reforming our healthcare system remains a top priority of the Trump Administration."

Republican National Committee Chairwoman Ronna McDaniel also commented on the report, saying it "proves what Republicans have been saying for years — Obamacare was sold on lies that failed to deliver for the American people.

"With premiums skyrocketing out of control and increasing by triple digits for many families, it is no surprise Obamacare is in a death spiral."

The Washington Examiner pointed out that while most people who signed up for coverage through the exchanges under Obamacare did not have to pay the premium increases due to tax credits that reduce the cost, middle class families that made more than $98,400 often had to absorb the higher prices.

The report comes as the White House is increasing the pressure on Senate Republicans to pass a bill to repeal and replace Obamacare before the congressional recess in August, even though Majority Leader Mitch McConnell is wary about committing to a specific deadline, The Hill reported.

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President Donald Trump tweeted on Wednesday the need to repeal and replace Obamacare following a report issued by the Department of Health and Human Services on the healthcare system.
trump, slams, obamacare, HHS, report
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2017-10-24
Wednesday, 24 May 2017 01:10 PM
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