Democrats’ deceptive rhetoric on Obamacare prices

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Americans have until Jan. 15 to secure healthcare coverage through the Obamacare exchanges. This year’s open enrollment period has resulted in more people signing up than ever before.

More than 11.5 million people have enrolled in the exchanges as of Dec. 15, according to the Department of Health and Human Services. That’s an 18% increase from the same time last year. HHS Secretary Xavier Becerra boasted that the “unprecedented results” were the result of “unprecedented investments” in the program. Those “investments” include billions of dollars worth of new subsidies that have lowered what people have to pay out of pocket for coverage. But those subsidies simply mask the underlying cost of coverage, which has been rising for years. Ultimately, future taxpayers will foot the bill.

Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.

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