I understand that, but that has nothing to do with Obamacare. If Obamacare wasn’t passed those prices would have gone up exactly the same (actually more).
If it wasn’t for Obamacare the insurance companies would have to compete on rates, because there wouldn’t be a law that said everyone had to buy their product. They’d also be profiting off of more than the 20% of premiums that Obamacare set as the maximum so they’d have no reason to raise premiums by 91% in a single year.
I understand that, but that has nothing to do with Obamacare. If Obamacare wasn’t passed those prices would have gone up exactly the same (actually more).
If it wasn’t for Obamacare the insurance companies would have to compete on rates, because there wouldn’t be a law that said everyone had to buy their product. They’d also be profiting off of more than the 20% of premiums that Obamacare set as the maximum so they’d have no reason to raise premiums by 91% in a single year.