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Health Premiums Up $3,065; Obama Vowed $2,500 Cut [promised to do so by end of first term]
yahoo.com/Investor's Business Daily ^ | September 24, 2012

Posted on 08/01/2013 11:41:40 PM PDT by grundle

During his first run for president, Barack Obama made one very specific promise to voters: He would cut health insurance premiums for families by $2,500, and do so in his first term.

But it turns out that family premiums have increased by more than $3,000 since Obama's vow, according to the latest annual Kaiser Family Foundation employee health benefits survey.

Premiums for employer-provided family coverage rose $3,065 — 24% — from 2008 to 2012, the Kaiser survey found. Even if you start counting in 2009, premiums have climbed $2,370.

What's more, premiums climbed faster in Obama's four years than they did in the previous four under President Bush, the survey data show.

There's no question about what Obama was promising the country, since he repeated it constantly during his 2008 campaign.

In a debate with Sen. John McCain, for example, Obama said "the only thing we're going to try to do is lower costs so that those cost savings are passed onto you. And we estimate we can cut the average family's premium by about $2,500 per year.

At a campaign stop in Columbus, Ohio, in February 2008, Obama promised that "We are going to work with you to lower your premiums by $2,500. 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."

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Miscellaneous
KEYWORDS: obamacare
This article is a year old but it's the first that I've seen of it. It's also the first time that I've seen him promise to get this reduction by the end of his first term.
1 posted on 08/01/2013 11:41:40 PM PDT by grundle
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To: grundle

It’s about the amount of increase I’ve had to pay...$500/month more than the previous amount which was $0/month.


2 posted on 08/01/2013 11:44:27 PM PDT by Royal Wulff
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Comment #3 Removed by Moderator

To: grundle

What difference does it make?


4 posted on 08/01/2013 11:48:15 PM PDT by Jeff Chandler (</sarcasm>)
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To: grundle

Obama is an idiot.


5 posted on 08/01/2013 11:54:39 PM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Jim Robinson

No he is just a LIAR. He knows exactly what he is doing


6 posted on 08/02/2013 12:33:38 AM PDT by funfan
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To: grundle

Di it, now!!! (www.dontfundobamacare.com) Sign the Lee/Cruz defund Obamacare,petition today!!!!


7 posted on 08/02/2013 12:36:56 AM PDT by JLAGRAYFOX ( My only objective is to defeat and destroy Obama & his Democrat Party, politically!!!)
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To: funfan

“No he is just a LIAR. He knows exactly what he is doing”.

He is a Liar. He does what he is told to do.


8 posted on 08/02/2013 2:07:25 AM PDT by Conspiracy Guy (To stay calm during these tumultuous times, I take Damitol. Ask your Doctor if it's right for you.)
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To: grundle

What did he do in his first term to even TRY to lower costs? Nothing that I know of.

Will any of our people use this against him and obamacare? Probably not, because they don’t want to hurt his feelings.


9 posted on 08/02/2013 2:27:02 AM PDT by Right Wing Assault (Dick Obama is more inexperienced now than he was before he was elected.)
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To: Jim Robinson

People who voted for him are idiots and the rest of us have to pay the price.


10 posted on 08/02/2013 6:16:09 AM PDT by QQQQ
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