One of the main promises made by Barack Obama to every American was that Obamacare would keep healthcare costs low and affordable for everyone. Costs for individuals, employees and employers were all supposed to be lowered and then kept under control.
If you believed Obama’s promise, then contact me as I have a bridge to sell you.
The Kaiser Family Foundation conducted a survey comparing the costs of healthcare in 2010 to 2015. What they discovered may or may not shock you, but it revealed just how unsuccessful the Affordable Care Act has been.
In 2015, the average cost of employer provided family healthcare coverage was $17,545 a year. Consequently, employers are paying less and less each year for their part of family coverage, leaving the average cost per worker of $4,955 a year. That’s an increase of 27% since 2010. During the same time period, deductibles increased 67% while the average family income increased by only 10%.
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