May 15, 2017

New Freedom Partners Digital Ad Highlights Proposed 2018 Premium Rate Hikes

Post by Geoff Holtzman

Arlington, VA – Freedom Partners released a new digital ad today highlighting how Obamacare’s failures are causing insurers to request significant premium rate increases for individual market plans next year.

With major insurers like Aetna and Humana exiting Obamacare’s exchanges due to mounting losses on those plans, those who remain are asking for rate hikes of up to 50 percent next year. These proposed increases come after premiums on plans sold through Obamacare’s exchanges exploded this year by an average of 25 percent nationwide.

Freedom Partners Vice President of Policy Nathan Nascimento issued the following statement:

“Instead of making health care more affordable, Obamacare has caused premiums to soar. From exploding costs to coverage you can’t use, millions of Americans are being hurt by Obamacare, and the problems are only getting worse. It’s time to repeal Obamacare and pass solutions that reduce prices, create more choices and give patients better quality care.”

Earlier this year, Freedom Partners released a strategy memo entitled, “Health Care: A Targeted Approach.” The memo puts forth a series of targeted health care solutions that would reduce costs, increase choices for patients, and improve access to care for millions of people seeking relief.

In addition to allowing states to implement insurance safety nets that protect people with preexisting conditions from cost spikes, the memo outlines other reforms such as expanding Health Savings Accounts, streamlining Food and Drug Administration approval processes, and eliminating regulations that discourage the use of telemedicine. These reforms and others highlighted in the memo are aimed at providing all Americans with access to affordable and quality health care.

Click here to learn more.