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June 28, 2017 11:26 AM UTC

Gardner is mad about insurance costs, but they'd go up more under Obamacare replacement than under Obamacare

  •  
  • by: Jason Salzman

(Promoted by Colorado Pols)

Sen. Cory Gardner (R).

On a national conservative radio show Tuesday, guest hosted by Denver’s Ross Kaminsky, Sen. Cory Gardner (R-CO) cited increased health-insurance costs and stated that the “most important thing we can do for this country is to make sure we have a replacement for Obamacare.”

But neither Kaminsky nor Gardner pointed out that under the U.S. Senate’s proposed Obamacare replacement, insurance rates are projected to go up more than they would if Obamacare remained in place, according to figures released by the nonpartisan Kaiser Family Foundation.

Gardner must not be reading The Denver Post, because Kaiser’s Colorado-specific facts were presented there, in an article by John Ingold:

[Under the Senate bill,] for a 40-year-old making $50,000 a year, a mid-level “silver” plan on the state’s insurance exchange would cost:

$1,930 more per year in Mesa County.
$0 more per year in Denver.
$910 more per year in Yuma County.

For a 60-year-old making $30,000 a year, the same level plan would cost:

$3,230 more per year in Mesa County.
$2,710 more per year in Denver.
$2,820 more per year in Yuma County.

For a 27-year-old making $20,000 a year, the same level plan would cost:

$700 more per year in Mesa County
$550 more per year in Denver.
$580 more per year in Yuma County.

Overall, the Kaiser report projects marketplace enrollees to pay 74 percent more in insurance premiums.

Kaiser Family Foundation: “Overall, marketplace enrollees would pay on average 74 percent more towards the premium for a benchmark silver plan in 2020 under the BCRA [Senate bill] than under current law (Table 1). Younger enrollees would see modest increases on average (10 percent for those under age 18; 17 percent for those ages 18 to 34), while average premiums would more than double for enrollees ages 55 to 64.

On the radio, Gardner said insurance “executives” told him that the Senate bill will “bend the cost curve down,” and they will be able to “reduce rates.”

This is in line with what he told Denver Post reporter Mark Matthews Monday.

“Over the weekend I had conversations with CEOs (including at least one official at) Blue Cross Blue Shield, who said their support for the bill is robust,” Gardner said of the health insurance giant. “They believe that it would markedly help stabilize the market, so I’ve got to go through each and every one of those arguments and see whether or not this achieves that.”

Gardner’s DC office did not return my call seeking the names of the insurance executives he spoke with and an explanation of why he would believe them more than the nonpartisan Kaiser Family Foundation.

This post was updated with Gardner’s statement to The Denver Post Monday about his conversation with insurance industry CEOs.

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