Well, it’s official.
A little more than three years after Obamacare was signed into law and despite numerous promises that it would cut costs, HHS Secretary Kathleen Sebelius conceded Tuesday that Americans will see higher premiums.
“[S]ebelius told reporters that ‘there may be a higher cost associated with getting into that market’ where ‘folks will be moving into a really fully insured product for the first time.’
‘The comment was among the first from the Obama administration to reveal a degree of uncertainty about the impact of the law on insurance premiums.”
We’ve chronicled the major problems implemented such a wide-ranging bureaucracy as Obamacare, but this is different. This has no turned into a law of broken promises.
President Obama and his White House promised Americans that costs would come down. Now today, his own HHS Secretary says that will not be the case.
Obamacare: bad law then and bad law now.
Read about the massive failures of President Obama’s government takeover of healthcare at our new website, LivingUnderObamacare.com. Tell us how this disastrous law has affected you.