The High Cost of Insurance Before Obamacare
Posted at 7:38 a.m. on June 13, 2014
From 2008 to 2010, premiums grew by 10 percent or more per year, according to a new study by the Commonwealth Fund.
The Hill: “Critics of the Affordable Care Act have warned premiums will soar under the rules and regulations of the law. But until now there has been little data available with which to compare the premium increases.”
David Blumenthal, president of the Commonwealth Fund: “These findings provide a benchmark to compare future trends against to help determine if the Affordable Care Act is achieving one of its major goals and that is to provide comprehensive health insurance to nearly all Americans at a price they can afford.”