Flashback: Obama promised lower health insurance premiums for everyone

Flashback: Obama promised lower health insurance premiums for everyone

[Ed. note: He also promised an end to partisan bickering.]

When he was selling his health care overhaul as a presidential candidate and then as commander-in-chief, Barack Obama repeatedly argued that the plan would lower insurance premiums for everyone. But in California, at least, healthy young people — the vast majority of whom voted for Obama in 2012 — are seeing their costs go up.

Conservative author Avik Roy at Forbes reported Thursday that ” for the typical 25-year-old male non-smoking Californian, Obamacare will drive premiums up by between 100 and 123 percent.” Roy cited data on eHealthInsurance.com showing that the median cost of the five cheapest health care plans in California was only $92 for young people, while under the ObamaCare exchanges the cheapest plan will cost an average of $184 a month….

“My plan begins by covering every American. If you already have health insurance, the only thing that will change for you under this plan is the amount of money you will spend on premiums. That will be less,” Obama said in his May 2007 speech unveiling his health care plan.

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