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The ever-rising cost of Obamacare Premiums

Published on Friday, October 13, 2017

With open enrollment just around the corner, the state of Wisconsin announced that Obamacare premiums will increase 36% next year.  This increase follows a 93% increase in the four years since Obamacare became law, leaving Wisconsin families with a total increase of 126%.

As has been the case in the past, these increases are also accompanied by thousands of Wisconsinites losing their coverage as providers flee the state.  This time it’s 75,000 Wisconsinites losing coverage, largely because Anthem Blue Cross/Blue Shield and Molina are leaving Wisconsin’s marketplace.

And if you weren’t surprised by the premium increases, you likely will not be surprised by the news that Tammy Baldwin has a plan to make it even worse.  She wants to replace Obamacare with a fully government run single payer system that would lead to the rationing of care and lengthy delays.  Baldwin’s plan would cost an estimated $32 trillion dollars over the next decade, that’s more than 150% of the current national debt.

Baldwin’s support of government intervention is what got us into this mess in the first place, so it certainly is not a solution for the middle class families bearing the brunt of these cost increases.