In passing Obamacare, its supporters promised the moon. Obamacare was allegedly going to cost $938 billion over ten years, result in 23 million people getting insurance through its exchanges as of 2017, reduce the typical family’s premiums by $2,500 a year, and make sure that if you liked your health plan and doctor, you could keep your health plan and doctor.
Seven years later, Obamacare is projected to cost $1.938 trillion over ten years (exactly $1 trillion more), only 9 million people have insurance through its exchanges as of 2017 (just 40 percent of the original CBO projection), the typical family’s premiums have exploded, and millions of people who liked their plans lost their plans, as Obamacare effectively banned them. Many of them lost their doctors as well.
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