Pelosi on Obamacare: 'I Don't Remember Saying that Everybody in the Country Would Have a Lower Premium'
"Everybody will have lower rates," she said in 2012.
5:24 PM, Jun 6, 2013 • By JOHN MCCORMACK
Roy's post led to critical responses from liberal writers, including Jonathan Cohn of The New Republic and Paul Krguman of the New York Times. The Obamacare advocates were upset that Roy didn't point out that Obamacare would lower rates for Americans with pre-existing conditions, provide subsidies to poor and some middle-class Americans, and mandate more benefits.
But such a trade-off--higher premiums in order to help pay for more insurance regulations--wasn't acknowledged by many prominent Obamacare supporters during the debate over the bill. Reason's Peter Suderman notes that Paul Krugman wrote in 2009 that under Obamacare rates would fall "significantly for most of those in the small-group or individual markets." In 2009, Obamacare architect Jonathan Gruber told Ezra Klein: “What we know for sure is that [the bill] will lower the cost of buying non-group health insurance."
Now that rates for many people in the individual market are about to skyrocket, Obamacare supporters are beginning to argue that the more expensive Obamacare plans provide individuals more bang for their buck. For example, Obamacare mandates that insurers cover a variety of no-copay services and procedures, including sterilizations, colonoscopies, Syphillis screenings, birth control, and domestic violence counseling.
Pelosi acknowledged at today's press conference that some people would pay higher rates under Obamacare, but she argued they would be getting a better product. "The fact is the value of what you get for the cost that you pay is a reduction in cost to you," she said.
But, as we inch closer to Obamacare's January 1 implementation date, more and more Americans are beginning to think it isn't such a good deal. On Thursday, NBC/Wall Street Journal released a poll showing the president's health care law is more unpopular than ever before.
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