Rising premiums aren’t helping cancer patients.
Carly Fiorina appeared on CNN this week with Jake Tapper who asked her how she could oppose Obamacare as a cancer survivor. Tapper respectfully pointed out that she’s a survivor of breast cancer and asked about the provision which requires coverage of pre-existing conditions.
Fiorina responded by saying that while she supports coverage for people with pre-existing conditions, Obamacare isn’t helping many of those people.
Transcript via Frank Camp of the IJ Review:
Fiorina: “I absolutely endorse that goal–I did at the time. But guess what? None of that has worked. Demonstrably, if you look at the results of Obamacare… health insurance premiums are up almost 40% now.
That isn’t helping anyone with cancer, I can assure you that–”
Tapper: “But the expansion of the pool allows the insurance companies to pay for the people with pre-existing conditions.”
Fiorina: “…Who helped write Obamacare? The health insurance companies, and the drug companies. And guess what’s happening? Those companies are consolidating. That’s called crony capitalism.”
Watch the full exchange below:
Fiorina’s point about rising premiums is correct.
Just yesterday, this report appeared in USA Today:
Families brace for steep hikes
Health insurers across the country are seeking premium increases of 20% to 40% or more.
American families, promised they would save $2,500 a year on health insurance premiums, are bracing themselves to see just how much their costs will increase again next year.
Health insurers across the country are seeking premium increases of 20% to 40% or more. Some carriers requested only modest increases, largely because they priced premiums in line with expected medical expenses in the first year. But many others found enrollees are sicker and more costly than anticipated.
And of course, there’s that whole “keep your doctor” thing.
We all know how that worked out.
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