Health Premium Hikes 'Because of Obamacare' Admits Sen. Schumer

Nice cost controls

Sen. Chuck Schumer, a New York Democrat and longtime backer of President Obama's Affordable Care Act, said that insurance rates are likely to spike – and "Obamacare" is partly to blame.

Speaking with WHEC Rochester, Schumer said, "Our insurance department is empowered to protect families and we're going to watch them like a hawk to make sure they do, because if they don't, these rates could go through the roof."

"It's in part because of Obamacare, but health care costs have been going up in double digits for years and years and years. The good news is in this bill, there's a way to stop it."