Research says the Affordable Care Act is delivering lower premiums than employer-based coverage:
…overall, the premiums are lower than those paid by workers for their company-sponsored health insurance, the [Urban Institute] team found.
“In 39 states including the District of Columbia, the average 2016 second-lowest-cost silver nongroup premium (the Marketplace ‘benchmark’ premium) was lower than the average employer-sponsored single premium when using the actuarial value, utilization, and age-distribution adjustments,” they wrote [Maggie Fox, “Obamacare Doesn’t Cost More Than Other Health Insurance, Report Finds,” NBC News, 2016.09.20].
Premiums are rising, but further research shows that trend predates passage of the Affordable Care Act and is exacerbated by employers shifting costs to employees:
…a second report from the Kaiser Family Foundation shows that health insurance premiums were headed upwards even before the Affordable Care Act forced these changes.
And employees are paying a bigger share.
“Covered workers’ average dollar contribution to family coverage has increased 78 percent since 2006 and 28 percent since 2011,” the report reads. “Premiums for family coverage have increased 20 percent since 2011 and 58 percent since 2006.”
The report finds that the average family premium for employer-sponsored health insurance rose 3 percent between 2015 and 2016 [Fox, 2016.09.20].
The only failure on this table is Senator Thune’s failure to offer any viable alternative to the Affordable Care Act… or, more importantly, his unwillingness to get over President Barack Obama’s victories and work with the President to make the Affordable Care Act better.