President pushes ObamaCare despite double-digit rate hikes
“Despite rate and deductible increases, President Obama on Thursday defended his namesake health care program and said millions of Americans “now know the financial security of health insurance” because of the Affordable Care Act.
His remarks came as ObamaCare sticker shock is getting even worse in some parts of the country, as more and more states are approving soaring rate increases for next year- with one Arizona town seeing a 75 percent hike and another in Minnesota seeing a 190 percent increase in deductibles over the course of four years.
“It’s absolutely unaffordable,” Minnesota Republican House Speaker Kurt Daudt told FoxNews.com. “I don’t even consider that health coverage.”
With some families forced to shell out $2,000 a month for insurance that comes with a whopping $13,000 deductible, Daudt said for some the only option is to pull their coverage and pay a fee for not having insurance, which in 2016 came out to $695 per adult and $347.50 per child (up to a maximum of $2085.)
“It’s catastrophic,” Daudt said, adding that he’s talked to Minnesotans who are being forced to financially drop their coverage, pay the fine and save money on the side for medical emergencies.
However Obama, speaking in Miami, maintained “It’s worked,” but admitted the program wasn’t perfect. “No law is.”
Obama was in south Florida to trump up support for the ACA before the Nov. 1 start of the enrollment period.
Problems with rising premiums in many parts of the country as well as major insurers calling it quits have left consumers with few or in some cases no choices next year.
The hikes are fueling criticism of the law, though the White House is now openly pushing the possibility of a public option.+