ABC: Latest Data Creates New Worries About Expensive ObamaCare Premiums (Video)

ABC reported today the latest government data creates new worries about the expensive Obamacare premiums.

The latest numbers show four in five Obamacare enrollees need government subsidies to afford the plans.
Breitbart reported:

Nearly four in five Americans who have enrolled in Obamacare need taxpayer-funded subsidies to pay for their premiums.

According to the White House, 79% of those enrolled in Obamacare need subsidies because they cannot otherwise afford the premiums that have, in some cases, nearly doubled. Only 21% did not need subsidies.

As Businessweek noted, people “earning up to four times the poverty rate—as much as $96,000 a year for a family of four”—can get Obamacare subsidies from the federal government.

The White House said 2.1 million Americans had signed up for Obamacare plans by the end of December, though many of these Americans may not yet have coverage because of a variety of glitches and malfunctions that have plagued the Obamacare websites.

Photo of author
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

Thanks for sharing!