Remember how Barack Obama claimed that all our insurance rates would go down? Heck, at one point he even claimed he’d save Americans $2,500 a year. Well, it turns out that his Obamacare law caused expenses to soar by over 50% on average and for some more than that. Yes, Obama lied again.
Here are some examples of Obama claiming that insurance rates would go down for most Americans with his Obamacare law…
Well, apparently this is yet another major Obamacare lie. In fact, almost no one has found lower insurance rates. On the contrary, premiums have soared in costs and they continue to rise.
It’s been five years since the Affordable Care Act became law, but only two since most of its provisions went into effect.
As its detractors predicted, Obamacare’s implementation led to a large, immediate rise in health insurance premiums. This is hardly surprising: The law required that a broad swath of treatments be fully insured, thus deepening the moral hazard problems that have long plagued the American health insurance system.



















