July 13, 2015 10:17AM # *Slate* Discovers Rising ObamaCare Premiums By [Michael F. Cannon](https://www.cato.org/people/michael-f-cannon) --- SHARE Now that the coast is clear, *Slate* has an honest assessment of ObamaCare premiums. Helaine Olen [writes](http://www.slate.com/articles/business/the_bills/2015/07/health_care_premiums_going_up_obamacare_has_been_solidified_but_it_s_failed.html): > Under this assault \[from ObamaCare opponents\], all too many ACA defenders turned into fanboys and fangirls, dismissing any issue raised against the law as inconsequential and exaggerated… > > > But this strategy might well come back to bite the Democrats. The bill for the health care expansion is coming due, just as the recipients will be heading to the ballot box to vote in the first primaries for the 2016 election. More than a few are likely to be annoyed. > > > Last week Oregon’s insurance commissioner, Laura Cali[, announced](http://www.oregonlive.com/health/index.ssf/2015/07/more_than_220000_oregonians_fa.html) that the state had approved a 25 percent premium increase for the largest health insurer on the state’s exchanges. The second largest insurer did even better: It received permission to boost its monthly charge to consumers by 33 percent… > > > And that sounds like a relative bargain compared with [Minnesota](https://www.bluecrossmn.com/healthy/public/personal/home/about-us/2016-updates/!ut/p/z1/hc_LbsIwEAXQb-kiW_vaOMZ0Z0BKUotSHhWpNyigNETCMUrS5vdrKjaVSju70ZzRzKWW5tQ2xWddFX3tm-Ic-jcr90mqZDoFM4gnEnoRq9f5MxvBgO7-AzaMcaf0dd9-E8HSDNkSJoHk0Cu2mGu2xXTLb2DM41nCNjDLjQkgU3q8XiuOlbyBP448UVsfHBmOjoAoORFcQCAW4UOoa0bdHEaqorYt38u2bMlHG6Kf-v7SPUaIMAwDqbyvziU5ehfht5WT73qa_5T04nLUL26nOv3wBVJfn_I!/dz/d5/L2dBISEvZ0FBIS9nQSEh/) and [New Mexico](http://www.abqjournal.com/590884/abqnewsseeker/blue-cross-asking-for-51-premium-increase.html), where the BlueCross BlueShield family is looking for increases of more than 50 percent. Even if the final numbers are lower than the asks, it seems quite likely these states will approve substantive premium increases. > > > The problem is simple. As Trudy Lieberman reported this month in [*Harper’s*](http://harpers.org/archive/2015/07/wrong-prescription/), the ACA made a decent stab at solving the problem of Americans lacking insurance. Unfortunately, the bargain struck to get the bill to a point where lobbyists for the hospital, insurance, and pharmaceutical industries to sign on, or at least not fight it, did not adequately address the issue of overall medical costs. > > > And that’s where the consumer comes in. Someone is “it,” the party paying the bill. And that “it” is increasingly you, whether you receive insurance on the exchanges or from an employer. Or as I like to put it, ObamaCare doesn’t make health insurance more affordable. It robs Peter to pay Paul. When selling ObamaCare, supporters told everyone, “Don’t worry, you’re Paul.” But as time goes by, more Americans are realizing they’re not Paul. They’re Peter. ##### Related Tags [General](https://www.cato.org/general), [Government and Politics](https://www.cato.org/government-politics), [Health Care](https://www.cato.org/health-care), [Regulation](https://www.cato.org/regulatory-studies) [![Creative Commons License](/build/cato_2020/images/creative-commons.svg)](http://creativecommons.org/licenses/by-nc-sa/4.0/) This work is licensed under a [Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License](https://creativecommons.org/licenses/by-nc-sa/4.0/).