Hillary Clinton has promised to continue the Obama legacy on healthcare, and it’s a pretty crummy legacy at best. She has “vowed to defend ObamaCare from Republicans’ efforts to repeal it, and from fellow candidate Sen. Bernard Sanders‘ plans to replace it with a socialized medicine plan that would put the government in control of all health spending.”
That may backfire for her. Premiums are going to hike due to ObamaCare – and they’re going to spike right before the election.
The last thing Democrats want to contend with just a week before the 2016 presidential election is an outcry over double-digit insurance hikes as millions of Americans begin signing up for Obamacare.
But that looks increasingly likely as health plans socked by Obamacare losses look to regain their financial footing by raising rates.
And the headlines are likely to keep coming right up to Election Day since many consumers won’t see actual rates until the insurance marketplaces open Nov. 1 — a week before they go to the polls.
“Any reports of premium increases will immediately become talking points on the campaign trail,” said Larry Levitt, senior vice president for special initiatives at the nonprofit Kaiser Family Foundation. “We’re in an election where the very future of the law will be debated.”
Let’s just look at ObamaCare’s record. In 2007, Obama made the following promise when campaigning for his first term: “I will sign a universal health care bill into law by the end of my first term as president that will cover every American and cut the cost of a typical family’s premium by up to $2,500 a year.”
Maybe if more people wake up we’ll be saved from a future “Madame President.”
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