Despite Democrats' attacks on Republicans over hea
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Posted On: 11/02/2018 9:10:59 PM
Despite Democrats' attacks on Republicans over health care, the fact is that those enrolling in ObamaCare right now are better off than they were in November 2016.
Two years ago, enrollees faced average premium increases of 25% and declining choices.
This year, the average premium is down by 1.5% — the first time that's ever happened under ObamaCare.
What's more, individuals in some states have a new low-cost option that they didn't have two years ago — short-term insurance plans that last a year. These plans don't have to comply with ObamaCare's myriad benefit mandates and rating regulations. As a result, they're far cheaper.
This strong, across-the-board economic progress was not accidental — nor was it inevitable, as Obama would have voters believe.
As we've noted in this space many times, after eight years of underwhelming growth, the economy was stagnating when Trump took office. Wages, unemployment, stocks, household incomes all flatlined that year.
And GDP growth was decelerating.
The turnaround under Trump was not only unexpected but deemed impossible by Democrats, who were trying to convince the public that 2% growth was the best this country could do.
https://www.investors.com/politics/editorials...elections/
Two years ago, enrollees faced average premium increases of 25% and declining choices.
This year, the average premium is down by 1.5% — the first time that's ever happened under ObamaCare.
What's more, individuals in some states have a new low-cost option that they didn't have two years ago — short-term insurance plans that last a year. These plans don't have to comply with ObamaCare's myriad benefit mandates and rating regulations. As a result, they're far cheaper.
This strong, across-the-board economic progress was not accidental — nor was it inevitable, as Obama would have voters believe.
As we've noted in this space many times, after eight years of underwhelming growth, the economy was stagnating when Trump took office. Wages, unemployment, stocks, household incomes all flatlined that year.
And GDP growth was decelerating.
The turnaround under Trump was not only unexpected but deemed impossible by Democrats, who were trying to convince the public that 2% growth was the best this country could do.
https://www.investors.com/politics/editorials...elections/
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