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Costs Up, Options Down (Republican Party)

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(Source: Republican Party) TOP TAKEAWAYS Under ObamaCare, health care costs are expected to post the largest annual increases in three years, leaving millions to face double digit premium hikes or find new coverage. The Obama Administration estimates that 86 percent of Americans will be better off purchasing new plans, making switching plans annually a 'new normal.' As options decrease, UnitedHealth Group, the nation's largest insurer, is considering leaving ObamaCare's individual insurance marketplace, 'raising new questions about the long-term sustainability of a key ObamaCare program.' Soaring out of pocket costs and rising deductibles are forcing families to forgo needed medical care....

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