Since 2006, the average annual increase for family plans at work has been 4.9%, down from around 10% a year from 1999-2005.Bottom line up front:
Slightly less higher premiums aren't what President Obama promised Americans when he ran for office touting his medical overhaul. He specifically said his plan would cut premiums.
"We will start," Obama said back in 2008, "by reducing premiums by as much as $2,500 per family."
That $2,500 figure was Obama's mantra on health care. You can watch the video if you don't believe it.
Health Premiums Have Climbed $4,865 Since Obama Promised to Cut Them $2,500