Why Skyrocketing Premiums Were Inevitable Under Obamacare’s Design
The Affordable Care Act caused a cracked insurance market and skyrocketing premiums, now at an average of nearly $500 per month for a 40-year-old to be insured.
A fully implemented Affordable Care Act would “bend the cost curve” in health care, “moving the health care system toward higher quality and more efficient care,” according to a White House statement in 2013.