The Patriot Post® · Insurance Tax Will Raise Premiums

Before ObamaCare was passed, Barack Obama repeatedly told us that his new law would save the average family $2,500 a year on their health insurance premiums. Wrong. A new study by Robert Book of the American Action Forum shows that the annual tax on health insurance companies based on their market share will inevitably be passed on to consumers. As a result, he says, it “will result in a premium increase of $60 to $160 per person in 2014, rising to $100-$300 by 2018, for the average insured individual – and over $260 per family in 2014, rising to over $450 in 2018, for families with employer-sponsored, fully-insured coverage.” Once again, we see all too clearly that the BIG Lie was calling ObamaCare the “Affordable” Care Act.