• About
  • Advertise
  • Newsroom
  • Contact Us
Saturday, December 6, 2025
No Result
View All Result
NEWS ALERTS
GantNews.com
  • Home
  • Top Stories
  • News
    • Top Stories
    • A & E
    • Business News
    • Crime
    • Local News
    • Explore Jefferson
    • Features
    • Health News
      • Health & Wellness
    • Sports
      • Local Sports
  • Obituaries
  • Opinions
  • Classifieds
    • Real Estate
  • HOLIDAY GUIDE
  • Home
  • Top Stories
  • News
    • Top Stories
    • A & E
    • Business News
    • Crime
    • Local News
    • Explore Jefferson
    • Features
    • Health News
      • Health & Wellness
    • Sports
      • Local Sports
  • Obituaries
  • Opinions
  • Classifieds
    • Real Estate
  • HOLIDAY GUIDE
No Result
View All Result
GantNews.com
No Result
View All Result
ADVERTISEMENT
Home News Business News

Administration pushes back on criticism of Obamacare rate hikes

by CNN
Wednesday, October 26, 2016
in Business News
0
0

The Obama administration is pushing back against criticism of Obamacare after the announcement that premiums will rise sharply next year.

Health and Human Services Secretary Sylvia Mathews Burwell told CNN’s “New Day” that the program has kept premiums and health costs in check for most Americans, who get health insurance through their employers.

“For the 150 million people who that have employer-based care,” she said, “what we know is that in the last six years they’ve seen five of the slowest years of growth in their premiums in history.”

The administration reported Monday that premiums will rise an average of 22% for the benchmark Obamacare plan. But Burwell said the impact of Obamacare goes beyond people who get insurance through government exchanges.

“The Affordable Care Act was about three fundamental things — access, affordability and quality,” she said. “It was about everybody, not just the uninsured.”

The people who will pay higher premiums next year under Obamacare would be paying much more for insurance were it not for the act, or would have higher medical costs because they would be uninsured, she said.

Burwell also noted that 85% of people with Obamacare policies are getting government subsidies and tax credits that make the premiums more affordable.

“The thing important to focus on is what do consumers actually pay,” she said.

Apple Watch sales are way down: Are smartwatches still cool?
How can I grow my retirement savings without too much risk?

CNN

Next Post

Rory McIlory: 'A tsunami just hit my bank account,' caddy tells golfer

Please login to join discussion
GantNews.com

© 2020 GantNews

  • About
  • Advertise
  • Newsroom
  • Contact Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Top Stories
  • News
    • Top Stories
    • A & E
    • Business News
    • Crime
    • Local News
    • Explore Jefferson
    • Features
    • Health News
      • Health & Wellness
    • Sports
      • Local Sports
  • Obituaries
  • Opinions
  • Classifieds
    • Real Estate
  • HOLIDAY GUIDE

© 2020 GantNews