Mike Kennedy Blasts Obamacare's High Costs and Systemic Failures

Obamacare's Broken System and Rising Costs

• 👨‍⚕️ As a family practice doctor, Mike Kennedy hears directly from patients about skyrocketing costs for insurance and prescription drugs.
• 💸 Democrats promised lower costs and more choices with the ACA, but premiums have nearly tripled and deductibles more than doubled since its implementation.
• 📈 The cost of coverage for a family of four has increased by over $10,000.

Republican Solutions for Healthcare Affordability

• 💰 The Working Families Tax Code Act aims to put more money back into Americans' pockets and lower healthcare costs.
• 💳 This act allows more people to contribute to Health Savings Accounts (HSAs) by making certain ACA marketplace plans high-deductible plans.
• 🤝 HSAs can now be used for direct primary care arrangements, cutting out middlemen and enabling direct patient-provider coordination.

Failures in Fraud and Accountability

• 🚨 A 2024 GAO investigation found a 100% rate of fake identities being approved for Obamacare subsidies.
• 💸 In 2023, $21 billion in subsidies were paid out with no evidence of tax reconciliation, including payments for deceased individuals and through reused Social Security numbers.
• 🚫 The Working Families Tax Cuts Act restored accountability by ending enrollment abuse and closing loopholes that allowed ineligible groups, including illegal immigrants, to access taxpayer-funded benefits.
• ✅ Reforms include full income and eligibility verification before subsidies are issued, ensuring assistance goes only to those who qualify.

Commitment to Real Relief

• 🎯 Republicans are committed to addressing the root cause of rising costs to provide real relief for taxpayers and families.
• 🛠️ Reforms aim to save taxpayers billions and drive down costs for everyone in the healthcare marketplace.