Work-Based Health Premiums for Families Up $4,865 Since 2008

Obama had promised cuts of up to $2,500. What gives? Your wallet, mostly.


Over at Investors Business Daily, John Merline reports the latest news on average premiums for work-based family plans:

Employer-based health insurance premiums climbed 4.2% this year for family plans, according to an annual Kaiser Family Foundation report. That's up from 3% the year before.

Since 2008, average family premiums have climbed a total of $4,865.

That's not the end of the story. Since 2006, the average annual increase for family plans through work has been just under 5 percent. That's down from 10 percent a year between 1999-2005. So that's good, right?

Indeed, the White House cheered the new figure, because they say it's a clear sign that Obamacare is bending the cost curve down and all that. Maybe, but what did the president actually promise voters about work-based family premiums for health insurance?

Merline again:

Slightly less higher premiums aren't what President Obama promised Americans when he ran for office touting his medical overhaul. He specifically said his plan would cut premiums.

"We will start," Obama said back in 2008, "by reducing premiums by as much as $2,500 per family."

That $2,500 figure was Obama's mantra on health care. You can watch the video if you don't believe it.


And Obama wasn't talking about government subsidized insurance or expanding Medicaid or anything like that. He specifically focused on employer provided health care.

Read the whole thing. 

A year ago, Merline reported that government at all levels was spending a record 46 percent of dollars spent on health care. That's not good because when someone else is picking up half the tab, you tend to spend more, don't you?

And The New York Times reported that—if all goes well!—we'll be spending 19.3 percent of GDP on health care in 2023. In 2013, we spent 17.3 percent of GDP. 

And here's a video highlight reel of Candidate Obama promising cheaper rates for families. Imagine that, a guy running for president offering voters more stuff for less money. How did he ever win with such a tough-love message?

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    1. It is mission accomplished–without any irony.

      “Slightly less higher premiums aren’t what President Obama promised Americans when he ran for office touting his medical overhaul. He specifically said his plan would cut premiums.”

      ObamaCare may not be working as advertised, but it is working as planned.

      The primary purpose of ObamaCare was to make private insurers (and policy holders) pay more into the healthcare system so that providers wouldn’t lose so much money on their Medicaid patients. This, in turn, made Obama’s Medicaid expansion possible.

      That was the intended purpose of ObamaCare, and it is working exactly as planned. Mission accomplished.

      Anyone who supported ObamaCare because they thought it was about making healthcare less expensive for working people and the middle class got exactly what they deserve. Unfortunately, the rest of us–who didn’t support ObamaCare–also got screwed.

  3. It is so awesome that my family is paying slightly higher rates and significantly higher copays for way less coverage. It is so great.

    1. Ah, you too, eh?

      I love that the policy I wanted to keep was made unlawful. THANKS BE TO TEH LIGHTWORKER!

      1. Ditto. Now i’m insured through work and my wife has a bronze exchange plan and both of us are getting charged more for shit that used to be covered.

        Massive medical debt is awesome! That’s what the ACA promised more of, right?

      2. I love that the policy I wanted to keep was made unlawful.

        Diversionary subversive kulak health policies are a crime against the State! Very fortunate for you that you have come to embrace the lawful policy that punishes wreckers and hoarders!

      3. You don’t know what program is good for you, Swissy.

      4. Fortunately, I just got a letter that said that Tricare is ACA compliant. Unfortunately, its Tricare.

        Military medicine, you get exactly what you pay for.

    2. Nothing makes my care feel affordable as much as my $5,000 deductible. Never had that before Congress made care affordable.

  4. But he’s so clean and articulate!

    1. I know, right? And he’s the first negro to have those two attributes! Remarkable!


  5. I have been assured right here on these here threads that everyone loves Obumblecare.

    How much of a fuckin’ idiot does one need to be to be sucked in by Obama-lies? At what point in the past did he have any credibility whatsoever? When he voted against self-defense as a state senator, didn’t that tell everyone everything they needed to know about what he thinks of them? When he told Joe the plumber that we need to spread the wealth around, didn’t that tell them?

    We have fuckwits defending everything he does to this day. I guess we can’t really blame them because we have never seen his like before. How could they know?

    What does a community organizer do? Do they organize communities, or do they use grievance mongering, class warfare, identity politics, and the politics of envy to divide communities and set people against each other?

    Welcome to a post-racial America where everything is free and everyone is equal, suckers.

    Seriously, fuck every delusional idiot who voted for the POS.

    1. The shriek parody below your comment is almost too perfect an illustration. Is he your sock puppet?

    2. “Delusional” is right. A local activist and Obot once said that Obamessiahcare was single-payer and would not back down when several people corrected him.

  6. Since 2006, the average annual increase for family plans through work has been just under 5 percent. That’s down from 10 percent a year between 1999-2005.

    So nothing has changed in reality.


    1. So nothing has changed in reality.

      Except for the 10,000 pages of new regulations.

      1. and the mandate… and the IRS enforcing the mandate.

        1. And all the money wasted building that website… is the back end of that site working yet?

        2. And a surtax that I had to pay, even though I’m assured that no such thing exists.

        3. And the 100+% increases in deductibles

          1. Price Waterhouse said premiums are down 20% and deductibles have risen 40%.

            1. HAHAHAHA. Oh, you honestly believe that.

    2. So nothing has changed in reality.

      Except the copays and deductibles and, for many, the amount of the premium they absorb directly. I’m wondering what the growth rate has been in the share of medical expenses (copays, and deductibles and employee-charged premiums) since this thing passed.

  7. I need some help. I want to go into politics, but I am not good enough at deliberate obfuscation. I have this tick where I have to hear both sides of an argument before I make a decision. What can I do in order to be able to ignore market conditions, presume things from within my biases, and believe in organized and efficient persecution (fatwa, pogrom, “agendas” etc) in order to justify my policies? How can I deliberately misread “studies” in order to convince the gentry I have their best interests in mind?

    1. I hear putting a D or an R after your name helps.

    2. Do what the Donald does. Start rambling on an incoherent topic, then a sentence-and-a-half later switch topics, 30 seconds later blame some special interest group for hating what you stand for. Finish it off by saying you are the only one who can restore the country to prominence.

    3. You could consider a prefrontal lobotomy…

  8. My share of my employer based health insurance has gone up between fifty and a hundred bucks a month over the last five years. The way I figure it I need a $10K raise to bring my take home pay back to what it was in 2010.

    1. By that I meant every year it goes up between fifty and a hundred bucks a month.

    2. Oh relax. Shreeeeeeeek just assured us that something something savings have been saved or created.

      It is stunning to me that anyone would still defend Obumbles. One had to be delusional to support him in the first place, but to still support him? That is insanity.

  9. My contribution went up 40% the year that it passed. Nickle and dime on benefits and copays since.

  10. Since 2006, the average annual increase for family plans through work has been just under 5 percent. That’s down from 10 percent a year between 1999-2005. So that’s good, right?

    Indeed, the White House cheered the new figure, because they say it’s a clear sign that Obamacare is bending the cost curve down and all that.

    So Obamacare is so effective that it decreased premium increases 4 years before it was passed? Amazing! I wonder if it was increasing alt-text rates for years before it existed as well.

    1. The White House’s chief Numberologist had this to say, “Well, the numberisms present in this numerical matrix CLEARLY show that the numberistic numerology applies to a mathematical proof of policy effect.”

      How do people get through life a) believing that an incentive-less government job’s employee works as diligently as a private researcher/statistician and b) that the government collects the best and brightest employees who are hired for their merit and not their metric?

  11. Progs amuse. Tell how great the ACA is…yet Bernie and Hillary feel they need to put out their own giant health plans. If the former was so great, why is the latter needed?

    The prog play book

    Step 1: diagnose a problem real or imagined
    Step 2: propose a solution to the SYMPTOM of 1 above ….dont address root cause
    Step 3: actually create a problem and/or make 1 worse with unintended consequences
    Step 4: blame fox news, the markets, Koch brothers and capitalism for step 3
    Step 5: Double down on step 2 policies saying 3 only exists because 2 didn’t go far enough and claim that the right TOP MEN weren’t involved…never thinking maybe they should scale back 2
    Step 6: repeat 2 thru 5

    I have to think this is by design….they can’t be that stupid to see how much of a failure their policies are

  12. As I said back in 2010 the ACA is pretty much of a nothing – a bump in the road. Good (market driven) with the bad (mandates, a few taxes).

    Never doubt The Buttplug!

    1. I promised myself I wouldn’t reply to it, I promised…

  13. The premiums aren’t even the big story. Where people are getting hammered is the coinsurance and deductible. Sure now more people are “insured”, in that they pay premiums to an insurance company every month, but fewer people can actually afford to use the insurance that they have.

  14. But, Nick, maybe the premiums are $2,500 lower than what they would have been otherwise.
    I’m sure that the CBO has a statistical model somewhere proving the premiums would have risen even more if not for the ACA.

  15. So, since this law didn’t do what the proponents claimed it would do, they’re going to repeal it and go back to the drawing board, right?


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