Boustany on Rate Hikes: “All Our Worst Fears About ObamaCare Are Coming True”

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Dr. Charles Boustany issued the following statement after news reports surfaced showing millions of Americans who have signed up for health insurance plans under ObamaCare will likely experience double-digit rate hikes in November.

Boustany said: “All our worst fears about ObamaCare are coming true. The President said you could keep your plan and your doctor – that’s been rated ‘Lie of the Year.’ The President said rates would go down, but instead rates have gone up. Now rates are projected to spike again by November.

“As a doctor, I know working families in Louisiana just can’t afford ObamaCare. We need a Senator who doesn’t just talk about how terrible this law is. We need a Senator who can actually get something done about it. As Louisiana’s next U.S. Senator, I’ll make sure ObamaCare is a distant memory, and I’ll work on policies that will actually lower costs and increase access to high-quality care for Louisianians.”

Last month, UnitedHealth Group announced it was pulling out of the ObamaCare exchange in Louisiana after an internal review showed the company expects to lose more than $1 billion nationwide in the exchanges for 2015 and 2016. UnitedHealth represents 13% of Louisiana’s 214,000 enrollees in the ObamaCare exchanges.

Dr. Boustany is the author of the largest legislative defeat to ObamaCare to date. Boustany wrote the bill and built the coalition in Congress to repeal the CLASS Act – an $86 billion budget-cooking scheme in ObamaCare even former Health & Human Services Secretary Kathleen Sebelius admitted was “totally unsustainable.”

Read more: Obamacare's November surprise

Posted on May 3, 2016 and filed under Charles Boustany, Heathcare.