MAP: Premiums Spiked More Than 100% Under ObamaCare in Last 4 Years
A recent federal report found that ObamaCare's insurance regulations contributed to premiums more than doubling over the past four years.
Average exchange premiums were 105 percent higher in the 39 states using Healthcare.gov in 2017 than average individual market premiums in 2013 ($5,712 compared to $2,784), according to findings assembled by the Health and Human Services Office of the Assistant Secretary for Planning and Evaluation.
Premiums tripled in Alaska, Alabama and Oklahoma, and the lowest premium increase, 12 percent, was in New Jersey.
On "America's Newsroom" today, Sen. Rand Paul (R-KY), who's calling for a full repeal of ObamaCare, said prices will never go down if we keep the Affordable Care Act's regulations.
"The regulations are what add to the price and the regulations are what cause the ... death spiral of ObamaCare," Paul said.
He added that the House Republican health care plan doesn't fix that death spiral, it just subsidizes it with federal taxpayer money.
"What they don't really explain is, there's no federal money up here. We're $500 billion in the hole every year. We have a $20 trillion debt," Paul said. "Where does all this money come from to stabilize insurance?"
He noted that insurance companies already make $15 billion a year, arguing it doesn't make sense for taxpayers to give them a penny.
Watch more above.