Last weekend marked the three-year anniversary of passage of the Affordable Care Act, commonly known as Obamacare.
From the earliest discussions and drafts of this bill, we both had significant concerns about its direction and what it sought to achieve.
We know the escalating cost of health care in our country is unsustainable, and this should be the starting point of any legitimate discussion of health care reform.
Since 2002, premiums have increased by 97 percent – three times faster than wages, according to the Kaiser Family Foundation. Health care costs affect every part of our economy and put us at a real disadvantage, both today and for future generations.
When economists make federal debt projections, the biggest driver is health care expenditures. Unfortunately, Obamacare failed to address the rising costs of care, which is a key reason why we voted against the law.