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WITH TWO-YEAR ANNIVERSARY APPROACHING, THE CONSEQUENCES OF CHAIRMAN TIM KAINE’S HEALTHCARE LAW

Premiums Have Increased
Former DNC Chairman Tim Kaine Claimed ObamaCare Would Lower Healthcare Costs

When Democrat National Committee (DNC) Chairman Tim Kaine campaigned for President Barack Obama’s job-killing healthcare law he specifically promised the legislation would “lower health care costs,” but nearly two years later families are now paying more money for their health insurance. 

FactCheck.org has found that ObamaCare has made healthcare slightly less affordable and it’s causing premiums to go up – not down, as Kaine and his fellow Democrats have claimed it would. 

Additionally, the Kaiser Family Foundation found that in 2011 the average healthcare premium climbed from $13,770 to $15,073, which amounts to a 9 percent increase.

As the New York Times reports

“The cost of health insurance for many Americans this year climbed more sharply than in previous years, outstripping any growth in workers’ wages and adding more uncertainty about the pace of rising medical costs.   A new study by the Kaiser Family Foundation, a nonprofit research group that tracks employer-sponsored health insurance on a yearly basis, shows that the average annual premium for family coverage through an employer reached $15,073 in 2011, an increase of 9 percent over the previous year.” (Reed Abelson, “U.S. Health Insurance Cost Rises Sharply, Study Finds,” The New York Times , 9/27/11)

“When DNC Chairman Tim Kaine was campaigning for Barack Obama’s job-killing healthcare bill he promised it would lower healthcare costs, but today Virginians have seen their premiums rise by $1,300,” said National Republican Senatorial Committee (NRSC) spokesman Brian Walsh.  “With so many Virginians already suffering from the failed economic and energy policies of Barack Obama and Tim Kaine, this is just another costly burden that they have placed on the hardworking people of Virginia.” 

BACKGROUND …. 

Tim Kaine Promised That Government-Run Healthcare Would Lower Healthcare Costs

TIM KAINE: “[Healthcare] Reform Will Control Costs And Lower Costs For Middle Class Families Who Are Struggling Under The Skyrocketing Cost Of Health Insurance.” (Andrew Malcolm, “What Each Said About The Healthcare Vote: Obama, John Boehner, Tim Kaine, Michael Steele,” Los Angeles Times’ Top Of The Ticket Blog, www.latimes.com, Posted 3/22/10)

But Since ObamaCare Has Passed Healthcare Premiums Have Skyrocketed

2011: “The health-insurance premiums employers pay rose sharply this year, with the average annual cost of family coverage passing the $15,000 mark for the first time, according to a major survey.” (“Employer Health Premiums Rise Sharply,” The Wall Street Journal, 9/27/11) 

“The 9% average increase in family premiums for 2011, reported in an annual poll of employers performed by the Kaiser Family Foundation and the Health Research and Educational Trust, comes despite a continued trend toward more limited use of medical services in the U.S. Last year, family premiums rose just 3%, the survey found.” (“Employer Health Premiums Rise Sharply,” The Wall Street Journal, 9/27/11)

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