Media Ignore Record Low Increase In ObamaCare Premiums
Democrats promised to make President Trump’s efforts to “sabotage” ObamaCare a big election issue this year. Then rate hikes for ObamaCare premiums started coming in well below expectations. Why isn’t this big news?
A few months ago, the Washington Post reported that Democrats were “centering their campaign to retake Congress … on a staunch defense of the Affordable Care Act.”
Senate Minority Leader Chuck Schumer declared that “We Democrats are going to be relentless in making sure the American people exactly understand who is to blame” for-sky high rate hikes.
News outlets ran story after doomsday story about how efforts to undermine ObamaCare by Republicans and the Trump administration would cause a huge spike in premiums.
The Congressional Budget Office predicted average premium increases of 15% for 2019 and blamed the Republicans’ repeal of the individual mandate for most of it.
The leftist Center for American Progress claimed that premiums for ObamaCare’s “benchmark plan” would rocket up 25% next year, due almost entirely to the individual mandate repeal and Trump’s decision to expand access to far less expensive “short term” insurance plans that don’t have to comply with ObamaCare regulations and mandates.
Rates in Pennsylvania, it said, would jump 27%. They were going to climb 28% in Wisconsin. And 29% in Arizona and Nebraska.
All those dire predictions scored widespread news coverage.
But then insurance companies started announcing modest rate requests for 2019, and suddenly ObamaCare was no longer a story.
ObamaCare premiums will rise a mere 0.7% in Pennsylvania, according to the state’s insurance commissioner. They will climb by just 1% in Nebraska. In Wisconsin, they’re expected to drop by 3.5%, and drop by more than 5% in Arizona.