Schumer: Health Insurance Rates Could ‘Go The Through Roof’ Because of Obamacare


Longtime Obamacare advocate Sen. Chuck Schumer (D., N.Y.) acknowledged Wednesday that health care costs could “go through the roof” in part because of that legislation during an interview with WHEC NBC Rochester:

SCHUMER: Our insurance department is empowered to protect families and we’re going to watch them like a hawk to make sure they do, because if they don’t, these rates could go through the roof … It’s in part because of Obamacare, but health care costs have been going up in double digits for years and years and years. The good news is in this bill, there’s a way to stop it.

The remarks stand in contrast to talking points emphasizing cost reduction employed by Schumer and other Democrats in defense of the Affordable Care Act.

Monday, Health and Human Services Secretary Kathleen Sebelius said she had not anticipated how complicated implementation of Obama’s legislation would be. This came on the heels of her March remarks that some purchasing new policies for themselves this fall could face higher premiums because of Obamacare requirements.