"My plan will cover every American and
cut
the cost of a typical family's premium by up to $2,500 a year," Mr. Obama
said.
The average cost of a family's private health insurance premium rose $1,482 last year, according to the Kaiser Family Foundation. When the law goes fully into effect in 2014, the cost of private insurance will be 88 percent higher than it would have been without Obamacare, CMS actuaries predict.
Obamacare is "a huge burden on businesses and employers," says the president of the National Business Group. It's having a "crushing impact" on them, small business owners say. The costs it imposes could "totally wipe out" the restaurant industry, said the CEO of a fast food chain.
The average cost of a family's private health insurance premium rose $1,482 last year, according to the Kaiser Family Foundation. When the law goes fully into effect in 2014, the cost of private insurance will be 88 percent higher than it would have been without Obamacare, CMS actuaries predict.
Obamacare is "a huge burden on businesses and employers," says the president of the National Business Group. It's having a "crushing impact" on them, small business owners say. The costs it imposes could "totally wipe out" the restaurant industry, said the CEO of a fast food chain.
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