Obamacare was signed into federal law by President Barack Obama on March 23, 2010. President Obama promised that it would reduce health insurance premiums by $2,500 per family. I am an individual purchaser with a family health insurance plan that is a high-deductible plan with lower premiums and a $7,000 per year family deductible. On Aug. 1, 2011 the plan cost me $499 per month. On Aug. 1, 2012 the cost of the plan rose to $588 per month. On Aug. 1, 2013 the cost of the plan will rise to $726 per month. That is an increase of more than $2,700, or 22.5 percent per year. Ouch! That really hurts. By the way, the numbers on a low-deductible family health plan look even worse.