Schumer Walks Back Claim That Obamacare Could Raise Insurance Premiums
SAHIL KAPUR MAY 3, 2013, 1:56 PM
Sen. Chuck Schumer (D-NY) on Friday walked back his remarks that the Affordable Care Act could in part contribute to insurance premiums going through the roof comments that Republicans have pounced on.
The rise in healthcare premiums is market-driven and predates Obamacare, Schumer said in a statement provided exclusively to TPM. The fact is, the law is already working to significantly slow that rise, and ensure a higher quality of care to boot.
Schumer statement came after an interview that aired Thursday night on an upstate TV station.
Our insurance department is empowered to protect families and were going to watch them like a hawk to make sure they do. Because if they dont, these rates could go through the roof, Schumer told a reporter from News10NBC late Thursday.
full article
http://tpmdc.talkingpointsmemo.com/2013/05/schumer-obamacare-walk-back.php?ref=fpb