Pittenger on CBO score and HHS Obamacare report
FOR IMMEDIATE RELEASE
CONGRESSMAN PITTENGER: N.C. INDIVIDUAL MARKET PREMIUMS UP $422 PER MONTH SINCE OBAMACARE
WASHINGTON – Using Obama Administration criteria, the Department of Health and Human Services on Wednesday released a report finding premiums on the individual health insurance market have more than doubled since Obamacare took effect in 2013.
“Yesterday, the Department of Health and Human Services released a report outlining the damage done by Obamacare,” explained Congressman Pittenger. “In North Carolina, average premiums on the individual market have gone up by $422 per month, or more than $5,000 a year, since 2013. Making matters worse, 95 out of 100 counties in North Carolina only have one carrier, and we know Blue Cross seriously considered pulling out this year. These are the facts of what we know has happened thanks to Obamacare.
“The CBO score, on the other hand, is an attempt to predict the future based on highly unpredictable methods and individual waivers by 50 different states. Because of these limitations, this score is of limited value. The CBO is clear, however, in the fact that the American Health Care Act will lower premiums and reduce the deficit.”