Much has been made of the President’s promises that, under the Affordable Health Care Act, “nothing in our plan requires you to change what you have” – that neither a change in one’s coverage nor doctor would be required. He also promised that the plan would “bring down premiums by $2,500 for the typical family.”
Well, take a look at this graph about how that promise has been kept in 2014:
So, unless you’re in all but a small handful of states, you’ve seen premiums increase from 10% to as much as 85%. One thing to note is that for New Jersey, which the graph shows as declining by 37.5 percent, the data is incomplete and the decrease is an estimate.
Just ahead are two more significant events: Firstly, the 2015 premiums, which are expected to be even higher than 2014’s, will be released just after the November midterm elections…
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