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McCain on Steep Increases in ObamaCare Premiums Nationwide

25 October 2016   Julie Tarallo

Statement By Senator John McCain on Steep Increases In Obamacare Premiums Nationwide

Washington, D.C. – U.S. Senator John McCain (R-AZ) released the following statement today on the announcement that Obamacare premiums are set to increase by an average 25 percent in the 38 states participating in the federal exchanges next year:

"The announcement today that monthly premiums for benchmark silver-level plans are set to rise by an average of 25 percent in the 38 states using the federal website is an affront to every American who believed the President when he promised that Obamacare would provide affordable health care to those without insurance, and improve the quality and lower the cost of care for those who have it. It has done neither. As I have long-warned, Obamacare is an unsustainable system that places an unfair financial burden on families and small businesses. 

"While the average national increase of 25 percent for the benchmark silver plan in 2017 is bad enough, Arizona’s benchmark plans are expected to increase on average 116 percent. For Arizonans selecting other plans, the situation is just as bad, with premiums set to increase by 51-74.5 percent. In Maricopa County – Arizona’s most populous county – the 126,000 citizens who have enrolled in Obamacare will only have one health provider option, which will feature the largest premium increase of nearly 75 percent. According to state regulators, that would mean more than $1,400 per month for a family of four and nearly $500 per month for a middle age man for a benchmark silver plan. Those who can’t afford these expensive plans will be forced to pay a hefty penalty.

"While real families suffer the consequences of higher costs, less flexibility in coverage and less choice, Democrats continue to trumpet the 'successes' of Obamacare and refuse to acknowledge the harm being caused by this fatally flawed health care law. We must repeal and replace it with real reform that encourages competition, decreases these skyrocketing premiums and puts patients first."