Your thread title is racist...but you knew that, didn't you?
The campaign of former Massachusetts governor Mitt Romney is trying to nail President Obama for making an iffy promise during the 2008 campaign — that premiums will be $2,500 lower under his health care plan.
Instead, the Romney campaign argues in an effort to create a viral Facebook post, the swing has gone $4,893 the other way.
The Romney graphic is false on several levels, though Obama certainly left himself open to scrutiny with imprecise language in the 2008 campaign.
Let’s take a look.
The Facts
The Romney campaign cites a statement from
a 2007 speech by Obama, but it’s a pledge that was repeated often:
“When I am president, we will have universal health care in this country by the end of my first term in office. It's a plan that will cover every American and cut the cost of a typical family's premiums by $2,500 a year.”
This particular quote is not very clear on when the savings would be realized, but in
another speech, in 2008, Obama suggested it would be at the end of his first term — though to be fair, it is not clear if he is talking about the savings or enacting a new health care law:
“In an Obama administration, we’ll lower premiums by up to $2,500 for a typical family per year. And we'll do it by investing in disease prevention, not just disease management; by investing in a paperless health care system to reduce administrative costs; and by covering every single American and making sure that they can take their health care with them if they lose their job. We'll also reduce costs for business and their workers by picking up the tab for some of the most expensive illnesses. And we won't do all this twenty years from now, or ten years from now. We'll do it by the end of my first term as President of the United States.”
The details of this number were further explained in
an Obama campaign memo:
“Combining all of these effects — from improved health IT [information technology], better disease management, reduced insurance overhead, reinsurance, and reduced uncompensated care — under our “best-guess” assumptions, we estimate that businesses will save $140 billion annually in insurance premiums. The typical family will save $2500 per year.”
But note that Obama’s pledge came with an asterisk: He was not saying premiums would fall by that amount, as the Romney graphic asserts, but that costs would be that much lower than anticipated.
In other words, if premiums were expected to rise by $5,000, they would only rise by $2,500 — that’s what Obama’s pledge meant, even if he was not too clear about it.
http://www.washingtonpost.com/blogs...h-care-pledge/2012/07/03/gJQAVhk3IW_blog.html