NEWS: Fox News: Insurance Providers Confirm President’s Repeated Promise to Lower Premiums for Americans Will Not Hold True
Insurance Providers Confirm President’s Repeated Promise to Lower Premiums for Americans Will Not Hold True
The House Energy and Commerce Subcommittee on Oversight and Investigations on Wednesday heard testimony from some of the nation’s largest health insurance providers and the trade groups that represent them. Committee member Rep. Morgan Griffith (R-VA) asked the witnesses about the president’s promise: “We’ll lower premiums by up to $2,500 for a typical family per year.” The witnesses confirmed that this is yet another of the president’s broken health care promises. Witnesses were unable to forecast premiums for next year, but news reports indicate that insurance providers anticipate rates will increase once again. Unwelcome news for countless middle class Americans across the country are already dealing with the law’s rate shock.
May 7, 2014