As the mainstream media and the original Affordable Care Act (ACA) architects attempt to saddle the Trump administration with the blame for Obamacare’s epic implosion, we thought the following two charts, which highlight the staggering increases in premiums from 2013 through 2017, were a timely reminder that Obamacare’s ‘implosion’ occurred long before people even thought Trump had a shot at the White House.
Per the chart below from the Department of Health and Human Services, the average individual purchaser of health insurance across the United States saw their premiums increase from $232 per month in 2013 to $476 per month in 2017, a ‘modest’ increase of over 100% in just a few years. To put that into perspective, that’s nearly $3,000 per year and roughly 9% of what the median American earns each year.
And while many will try to blame the Trump administration for the 2017 increases, recall that 2017 rates were set in the summer of 2016, a time when most viewed Trump as a long-shot for the White House.
Meanwhile, as if a 100% average increase isn’t bad enough, residents of many states incurred even more devastating increases of over 200%.
But sure, it’s all Trump’s fault.
Here is the full report from the Department of Health and Human Services:
via http://ift.tt/2qhDrZu Tyler Durden