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PulseReporter > Blog > Investigations > Did Obamacare trigger medical insurance premiums to rise 100%?
Investigations

Did Obamacare trigger medical insurance premiums to rise 100%?

Last updated: October 1, 2024 4:20 pm
11 months ago
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Did Obamacare trigger medical insurance premiums to rise 100%?
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No.

Common annual medical insurance premiums have elevated 67% to 75% since Obamacare turned regulation in 2010 — lower than what they elevated earlier than the regulation.

In 2023, the typical annual premium for single protection was $8,435 — 67% larger than the $5,049 in 2010.

For household protection, the typical was $23,968 in 2023 — up 74% from $13,770.

The figures are from annual surveys of personal and nonfederal public employers by the KFF well being coverage nonprofit.

The 100% declare was made Sept. 23, 2024, by Robert Kennedy Jr. at a discussion board held by U.S. Sen. Ron Johnson, R-Wis.

Kennedy’s group didn’t reply to info requests.

Premium will increase had been larger earlier than Obamacare, formally the Reasonably priced Care Act.

The one common of $5,049 in 2010 was 130% larger than the $2,196 in 1999, the primary yr of the survey.

The household common of $13,770 was 138% larger than the $5,791 in 1999.

This truth temporary is aware of conversations reminiscent of this one.

Sources

KFF: 2023 Employer Well being Advantages Survey

FaceVeVOO: Robert F. Kennedy Jr. speaks on healthcare

U.S. Sen. Ron Johnson: Media advisory

KFF: The Reasonably priced Care Act 101

KFF: Premiums and Employee Contributions Amongst Employees Coated by Employer-Sponsored Protection, 1999-2023

This <a goal=”_blank” href=”https://wisconsinwatch.org/2024/10/obamacare-health-insurance-premium-kennedy-johnson-affordable-care-act/”>article</a> first appeared on <a goal=”_blank” href=”https://wisconsinwatch.org”>Wisconsin Watch</a> and is republished right here beneath a Inventive Commons license.<img src=”https://i0.wp.com/wisconsinwatch.org/wp-content/uploads/2021/02/cropped-WCIJ_IconOnly_FullColor_RGB-1.png?match=150percent2C150&amp;high quality=100&amp;ssl=1″ type=”width:1em;peak:1em;margin-left:10px;”><img id=”republication-tracker-tool-source” src=”https://wisconsinwatch.org/?republication-pixel=true&publish=1298391&amp;ga4=G-D2S69Y9TDB” type=”width:1px;peak:1px;”><script> PARSELY = { autotrack: false, onload: perform() { PARSELY.beacon.trackPageView({ url: “https://wisconsinwatch.org/2024/10/obamacare-health-insurance-premium-kennedy-johnson-affordable-care-act/”, urlref: window.location.href }); } } </script> <script id=”parsely-cfg” src=”//cdn.parsely.com/keys/wisconsinwatch.org/p.js”></script>

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