The unmitigated hubris of the 44th President of the United States is almost as stunning as it is embarrassing. When the manager of a steel plant asked him about rising healthcare costs on Friday, Obama actually dared to claim that the average family has experienced savings of $1800. On what planet?
The claim: the plant human resources department must not be shopping healthcare rates effectively and the “exchanges” are working well and saving people money. The truth? According to Forbes magazine, healthcare costs in the US are at a record high $3.8 trillion (2013). The Insurance Journal reports, “After plan design changes and vendor negotiations, the average health care premium rate increase for large employers in 2013 was 3.3 percent, down from 4.9 percent in 2012 and 8.5 percent in 2011, the talent, retirement and health consulting firm said. In 2014, however, average health care premium increases are projected to move back to the 6 percent to 7 percent range.”
It seems that the President failed to include that last detail, or to include small businesses or individuals in his calculations. Regardless, there has been a steady increase in healthcare rates even with the implementation of Obamacare. Campaigning for the take over of 1/6th of the U.S. economy was never based on slowing the growth of healthcare expense, but on reducing healthcare costs. Typical government shenanigans.
Even more absurd, Obama even claims that the government take over of the healthcare system has actually increased competition in the insurance market. Really? How does that work? When a bureaucracy takes an industry out of the private sector, how does that increase competition? How do governmental demands that all policies cover all things give citizens choice? Obama never ceases to amaze the citizenry with his ability to double talk his way out of responsibility or the truth for that matter.