The Affordable Care Act, which the president promised would reduce the typical American family’s health insurance by $2,500 per year, has in fact raised insurance costs for three-quarters of Obamacare policy holders, according to the CEO of the Cleveland Clinic.
In June of 2008, Barack Obama promised, “It’s time to bring down the typical family’s premium by about $2,500. And it’s time to bring down the costs for the entire country.” Moreover, four months later in October he said, “The only thing we’re gonna try to do is lower costs so that those cost savings are passed on to you. And we estimate we can cut the average family’s premium by about $2,500 a year.”
Indeed, Obama promised it many times, but Dr. Toby Cosgrove says it’s simply not true. “About three-quarters of them find that their premiums are higher than they had been previously with other insurance,” Cosgrove told Fox News.
Furthermore, Dr. Cosgrove asserted that Obamacare is having a “major effect” upon health care providers. “We know for example that we’re going to get paid less for what we do,” the doctor explained. “Hospitals are going to be paid less for what they do. We also know that insurers are paying less for what we do.”