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ObamaCare Breaks Promise of Lower Health Care Premiums for Young Adults
During the 2008 campaign, President Obama promised the American people health care reform that would lead to “fair and stable premiums.” In fact, then-candidate Obama promised voters his plan would “bring down costs for the entire country.”
The Congressional Budget Office has already dispelled this myth for young adults. And a new analysis reported by the Associated Press confirms a disturbing reality: the president’s promise rings hollow for healthy, young adults who can expect a spike in their health insurance premiums in just four short years:
Today’s bad news for young people is just the latest evidence that a government takeover of health care fails to bring down costs – in other words, failing to solve the problem at the root of our nation’s health care challenges.
At a rally earlier this month, President Obama suggested to the young adults in attendance that soon employers will “take thousands of dollars out of your paycheck because the insurance companies jacked up our rates.” Now that ObamaCare has been signed into law, it appears that fate has been sealed for young adults.
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