Lost in all the publicity surrounding the two-year anniversary of ObamaCare and the Supreme Court arguments regarding same was an interesting study revealing once again how the 2,700-page law has fallen short. The annual Towers Watson survey of health plans, released last month, revealed how the law will harm millions of Americans this year:
Higher Costs: Costs per employee will rise by $682 this year — imposing new costs on struggling businesses and families alike. Costs would have risen even higher, but for the fact that employers also increased cost-sharing and made other plan changes.
Higher Premiums: The employee share of premium costs will go up by 9.4%. Recall that candidate Obama promised repeatedly that premiums would go DOWN by $2,500 per family under his plan.