The Affordable Care Act was passed ten years ago. Within that time, the name itself has become oxymoronic. In the ACA individual market insurance exchanges, single coverage premiums (unsubsidized) increased by 62% and family coverage premiums increased by 75% just since implementation of ObamaCare! From 2007 – 2017 the average premium for family coverage in the Group market increased by 55% while median household income went up by only 3%. The administrative and regulatory costs of Obamacare clearly surpass the benefit to citizens.
