Sunday, May 5, 2013

The realities of Obamacare



Well, this is the year that Obamacare starts being rolled out for the American people. Despite the glowing predictions by Obama and other Democrats, it's going to be a mess. Let's compare some of the predictions with the realities.

We were told by Obama that if Americans like their doctor, they'll be able to keep their doctor. Not true. The Congressional Budget Office predicts something like 7 million Americans will lose the insurance they would've had provided by their employer.

Those in favor of Obamacare assured us that insurance would be more affordable. Also not true. This plan says health insurance policies must cover much more than they previously have. The implications are obvious – more things that are covered, the more expensive the program will be. One organization predicted the premiums would go up over 20% for Californians not eligible for federal subsidies.

Businesses were told that health-insurance costs would lessen for them. Sorry, but this ain't going to happen either. Private companies are turning to part-time workers so they can avoid having to pay Obamacare's costly mandates.

But surely the federal government's cost for health insurance will drop, as we were told by confident Democrats? Nope. In February, the CBO estimated Obama care would cost well over $1 trillion in its first 10 years beyond what our federal government is currently spending on health programs.

Obviously, there's much more to say in regards to the horror of Obama care, but I'll save that for a future blog.

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