Is Donald Trump responsible for rising health insurance premiums
Sen. Chris Murphy, D-Conn., blamed President Donald Trump for insurance rate hikes through the administration’s attempts to weaken the Affordable Care Act.
“It all started when he issued an executive order … that commanded all federal agencies to start undermining the ACA, and his agencies listened,” Murphy said in the June 26 video. “The IRS decided to stop enforcing the individual mandate that was the underpinning of the ACA. That has resulted in insurance companies all across the country jacking their rates up, explicitly because they don’t believe that healthy people will buy insurance.”
Insurance rates have indeed been on the rise, but we wondered whether it could all be traced back to the IRS and a weakened enforcement of the individual mandate.
We found that Trump has continued the weak enforcement of the individual mandate in place during the Obama administration, freezing a change that was set to begin with the 2016 tax year.
But his party’s rhetoric on repealing the Affordable Care Act, as well as other issues, have been linked to premium rate increases.