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A Failure To Deliver

- September 26, 2012

 

Americans Are Still Waiting On Obama’s Promise That He Would Deliver Lower Health Care Costs And Premiums

“Two New Independent Studies” Undermine Obama’s Promises To Rein In Health Care Spending And Reduce Premiums. “Two new independent studies of health insurance premiums and health care spending indicate both are rising at an accelerated pace, despite President Obama’s 2008 promise to contain those costs and his pledge that his health care legislation would reduce premiums.” (Jake Tapper, “Rising Health Costs Undermine Obama Pledge To Curb Trend,” ABC News, 9/25/12)

OBAMA PROMISED AMERICANS THAT OBAMACARE WAS THE ANSWER TO BENDING THE HEALTH CARE COST CURVE

Obama Said “Every Single Good Idea To Bend The Cost Curve And Start Actually Reducing Health Care Costs Are In This Bill.” OBAMA: “And everybody who's looked at it says that every single good idea to bend the cost curve and start actually reducing health care costs are in this bill.” (President Barack Obama, Remarks At The House Democratic Caucus, Washington, D.C., 3/20/10)

ObamaCare Has Failed To Deliver On Curbing The Rise In Health Care Costs

“Spending On Health Care Rose 4.6 Percent In 2011 — Up $4,500 Per Person, On Average — According To The Nonpartisan Health Care Cost Institute. That’s Up From A 3.8 Growth Rate In 2010.” (Jake Tapper, “Rising Health Costs Undermine Obama Pledge To Curb Trend,” ABC News, 9/25/12)

  • Spending On Private Insurance Increased By An Average Of $198 In 2011. “Health-care costs for 40 million workers covered by UnitedHealth, Aetna and Humana -- three of the four largest U.S. health insurers by revenue -- increased to $4,547 a person, from $4,349 a year earlier, according to the institute. The group, created last year to analyze claims data from major insurers, found that charges for hospital emergency rooms rose 9.1 percent in 2011, after adjusting for a reduction in the intensity of care they delivered.” (Alex Wayne, “Health Care Price Rise Poses Challenge For U.S. Overhaul,” Bloomberg, 9/25/12)
  • “Between 2010 And 2011, Beneficiaries Saw Their Out-Of-Pocket Spending Rise By 4.6 Percent From $703 To $735.” (“Health Care Cost And Utilization Report: 2011,” Health Care Costs Institute , 9/2012)
  • “Per Capita, Beneficiaries Paid $46 Out Of Pocket For Inpatient Care, $183 For Outpatient Care, $319 For Professional Services, And $187 For Prescriptions.” (“Health Care Cost And Utilization Report: 2011,” Health Care Costs Institute , 9/2012)
  • The Cost Of Emergency-Room Visits Increased 5.4 Percent To $1,381 In 2011. “Fast growth in the price of health care, however, meant that overall spending still increased. The price of the average emergency-room visit rose by 5.4 percent over the same period, hitting $1,381 in 2011.” (Sarah Kliff, “Health Insurance Costs Grew Slowly For Two Years. Now They’re Speeding Up,” The Washington Post’s Wonk Blog ,” 9/25/11)
  • Doctor Visits Rose 3.3 Percent While Drug Costs “Spiked By 17.7 Percent.” “The cost of professional procedures, such as doctor visits, rose 3.3 percent, while prescription drugs spiked by 17.7 percent.” (Sarah Kliff, “Health Insurance Costs Grew Slowly For Two Years. Now They’re Speeding Up,” The Washington Post’s Wonk Blog ,” 9/25/11)

The Increased Costs Shattered “The Governments 3.9 Percent Estimate For The Entire Health System.” “Costs for people with employer-sponsored insurance plans jumped 4.6 percent in 2011, more than the government’s 3.9 percent estimate for the entire health system, the Health Care Cost Institute, which analyzed claims from UnitedHealth Group Inc. (UNH), Aetna Inc. (AET) and Humana Inc. (HUM), said today.” (Alex Wayne, “Health Care Price Rise Poses Challenge For U.S. Overhaul,” Bloomberg, 9/25/12)

The Cost Of Health Care “Accelerated Faster” Than Last Year. “Medical prices accelerated faster than some projections last year and the number of uninsured is rising, according to data that show the U.S. goal of expanding health care is veering onto a more difficult road.” (Alex Wayne, “Health Care Price Rise Poses Challenge For U.S. Overhaul,” Bloomberg, 9/25/12)

  • The Growth In Costs “Is Faster Than The Rest Of The Economy” And Increased 3.8 Percent Over 2011. “That growth rate is faster than the rest of the economy and higher than the previous year, which had 3.8 percent growth.” (Sarah Kliff, “Health Insurance Costs Grew Slowly For Two Years. Now They’re Speeding Up,” The Washington Post’s Wonk Blog ,” 9/25/11)

OBAMA PROMISED THAT OBAMACARE WOULD BRING DOWN PREMIUMS BY $2,500 FOR AMERICAN FAMILIES

As A Candidate, Obama Promised That His Health Care Reform Would Save American Families $2,500 By The End Of His First Term. OBAMA: “If you are ready for change, then we can stop talking about the outrage of 47 million people without health insurance and start doing something about it. I’ve put forward a plan that says everybody will have the same health care if they want it that I have as a member of Congress, that you can’t be excluded for pre-existing conditions, we’ll negotiate with the drug companies for the cheapest available prices. If you’re 25 or younger you can stay on your parents’ health insurance. If you’ve got health insurance, we’re going to work with you to lower your premiums by $2500 per family per year. And we will not wait 20 years from now to do it or 10 years from now to do it. We will do it by the end of my first term as president of the United States of America.” (Senator Barack Obama, Remarks At Campaign Event, Columbus, OH, 2/27/08)

Time Is Running Out For Obama To Deliver On His Premium Promise By The End Of His “First Term”

Premiums Have Climbed At A Faster Rate Under Obama Than “The Previous Four Years Under President George Bush.” “During Obama’s term, between 2009 to 2012, premiums have climbed $2,370 for the average family with an employer-provided plan – a rate faster than the during the previous four years under President George W. Bush, according to Kaiser.” (Jake Tapper, “Rising Health Costs Undermine Obama Pledge To Curb Trend,” ABC News, 9/25/12)

Under Obama, The Average Cost Of Family Health Care Premiums Has Increased By $3,065 From $12,680 To $15,745, A 24.2 Percent Increase. (“Employer Health Benefits, 2012 Annual Survey, Exhibit 6.4” The Kaiser Family Foundation, 2012)

  • “The Average Annual Premiums In 2012 Are $5,615 For Single Coverage And $15,745 For Family Coverage.” (“Employer Health Benefits, 2012 Annual Survey,” The Kaiser Family Foundation, 9/11/12)
  • “Average Premiums Increased 3% For Single Coverage And 4% For Family Coverage In The Last Year.” (“Employer Health Benefits; 2012 Annual Survey,” The Kaiser Family Foundation, 9/11/12)

“The Rise In Premiums Easily Outpaced Workers’ Raises And Inflation.” (Ricardo Alonso-Zaldivar, “Premiums For Family Health Plans Hit $15,745,” The Associated Press, 9/11/12)

Despite President Obama’s Promises, Health Care Premiums Aren’t “Going To Go Down.” “Giving families and businesses relief was a big part of Obama’s sales pitch for health care reform. … But no matter what happens with the law, the line on that graph isn’t going to go down.” (David Nather, “Health Care Reform: 4 Inconvenient Truths,” Politico, 3/16/12)


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