Political Quotes

“Mr. President, everyone remembers President Obama's famous--or perhaps infamous--promise that he would sign a healthcare bill that would ``cut the cost of a typical family's premiums by up to $2,500 per year.'' Well, as everyone knows, that didn't happen. Between 2009 and 2016, the average family with employer-sponsored health insurance saw its premiums rise by $4,767. That is just the beginning. Two weeks ago, the Department of Health and Human Services released a report comparing the average individual market insurance premium in 2013--the year when most of ObamaCare's regulations and mandates were implemented--with the average individual market exchange premium in 2017 in the 39 States that used healthcare.gov--so 2013 to 2017 individual market premiums. Here is what they found. Between 2013 and 2017, the average individual market monthly premium in the healthcare.gov States increased by 105 percent. In other words, on average, individual market premiums more than doubled in just 5 years. In my home State of South Dakota, premiums increased by 124 percent or $3,588 over 5 years. As I said, that is according to HHS reporting on the premiums in the individual market exchanges over the course of the past 5 years. So $3,588 in South Dakota is money that South Dakota families had to take from other priorities, like saving for retirement or investing in their children's education. Three States saw their premiums triple over those 5 years.…”