McFadden: Franken Claimed Obamacare Will Make Healthcare Cheaper, He Lied

by Sarah Oliver | Sep 18, 2014 |

Eagan, Minn. – In the days following the devastating news for Minnesota’s Obamacare, MNsure, U.S. Senate Candidate Mike McFadden took Senator Franken to task on his role in helping this failure of a law to be enacted.

“I am disappointed that as a result of Senator Franken’s Obamacare failure, hard working Minnesotans will have less money in their pockets,” said McFadden. “I am a businessman, and from a business perspective, this is catastrophic. When someone who accounts for nearly 60 percent of a market pulls out, that market is in for a world of trouble. In this case, PreferredOne not only provided 59 percent of the market, but they were also the insurer with the lowest costs, so unfortunately, Minnesotans are bound to see rather significant increases in their premiums.”

“Senator Franken claimed that Obamacare would give Americans access to ‘cheaper’ and ‘affordable’ health care, and that is a lie,” said McFadden. “Over the summer, Minnesotans were informed that rates could increase by up to 12 percent. With this recent news of the PreferredOne dropping out of Minnesota’s Obamacare, it is even more likely that rates will go up, and go up drastically. Now Minnesotans just have to sit and wait to see how much more they will have to pay. Senator Franken should be ashamed of casting the deciding vote for this disastrous law.”

Minnesotans Rates Will Increase. “Julie Brunner is the Executive Director of the Minnesota Council of Health Plans, which is the professional association for the HMOs that offer health coverage through MNsure. Brunner recently told a University of Minnesota symposium that she would “not be surprised if the health plans increased their rates by 8, 10, or even 12 percent.” (Jay Kolls, MNsure Monthly Premiums Likely to Increase Significantly, KSTP, July 10, 2014)

Minnesota’s largest MNsure Insurer Drops Out. “It’s a major blow to the MNsure health insurance exchange – the insurance company with the lowest rates and the most customers signed up through MNsure will not be back in 2015. The decision is expected to have a major impact on health insurance customers and the governor’s race.” (Jennie Olson, Politicans Weigh In as MNsure’s Largest Insurer Drops out, KSTP, September 17, 2014)

140,000 Minnesotans Will Lose Their Plans. “At least 140,000 Minnesotans who buy health insurance on their own are being notified that their plans will no longer be available under the new federal health care law, adding to the national furor over canceled policies that has overtaken the health care debate.”(Kevin Diaz, At least 140,000 Minnesotans Will Lose Current Health Policies, Star Tribune, October 31, 2013) 

Franken: Minnesotans Will Have Access To Affordable Healthcare. “The health reform law does exactly what is necessary to give the American people what they want-access to affordable, quality care.  And when the exchanges are up and running in 2014, that’s exactly what they will see.” (Senator Franken’s Floor Statement On Healthcare, Franken Release, February 16, 2011)

Franken: Obamacare Will Rein In Costs. “I’m particularly proud to say that a provision I fought successfully to include in the law is already reining in health care costs for working families.” (Sen. Franken’s statement on One-Year Anniversary of Health Care Reform, Franken Release, March 22, 2011) 

Franken: Obamacare Has Made Healthcare Cheaper. “In its first year, the Affordable Care Act has made it easier and cheaper for people all over the country to get quality health care.” (Senator Franken’s Floor Statement On Healthcare, Franken Release, February 16, 2011)

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