Fox News Misleads On Premium Costs Under Health Care ReformMarch 15, 2013 1:42 PM EDT ››› HANNAH GROCH-BEGLEY
Fox News host Alisyn Camerota falsely claimed "your premiums are going to double" under the new health care law, when in fact potential increases would only affect a small portion of the insured population and would be partially offset by tax credits.
On Fox & Friends, Camerota cited an Associated Press report on health insurance reform and claimed it showed "your premiums are going to double and that your bills could double, this is really stunning news for lots of Americans."
But the Associated Press report found that the potential increases in health care premiums would affect "a relatively small slice of the insured population" and that the new policies are expected to reduce health care costs for many. The report also found that tax credits will offset some of the increases, particularly for young adults:
There also will be tax credits, or subsidies, given to people with incomes that fall within 400 percent of the federal poverty level. For 2013, 400 percent of the poverty level for all states except Alaska and Hawaii would be $94,200. These credits won't lower premiums, but they can ease the insurance bill depending on a person's income.
The credits should help the 20-something customers that insurers warn will see big premium hikes, said Linda Blumberg, an economist with the Health Policy Center of the Urban Institute, a nonpartisan policy research organization.
"While these folks are potentially facing some premium increases due to all these reforms, they also are the ones most likely to get the financial help from the exchanges," she said.