What happens when government interferes with a nation's economic activity? Look no further than how unaffordable healthcare costs became once Obama imposed his will on the American economic system by securing passage of the poorly, and ironically, named "Affordable Care Act."
Obamacare introduced new regulations into the health care marketplace that contributed to premiums doubling after the legislation took full effect in 2014, according to a report the Department of Health and Human Services released Tuesday evening.
HHS compared premiums in the exchange marketplaces in 2013, one year before Obamacare regulations took full effect, to premiums in the exchange marketplace in 2017. The report found that average monthly premiums increased from $224 in 2013 to $476 in 2017. That constitutes a 105 percent increase in only 4 years.