Thursday, April 03, 2014

...and now we find out ...

Ok; now that Obama is crowing about "his" 7.14 million people that signed up for ObamaCare, the reality will come out.
(1) Over 50% were already insured and their policies either cancelled or no longer available because they didn't qualify under the new, restrictive ObamaCare law.
(2) The present premium rates are "teaser rates".   Every insurance company plans to raise their rates over the next two years by at least double digits.  
(3) The least expensive plans have a huge deductible that has to be satisfied each year before any insurance starts to pay.
(4) Even though Obama changed the law (without the approval by Congress) to extend your present insurance until he's out of office; in 2016 you get cancelled anyway.
(5) Fewer young and healthy people signed up than needed to make ObamaCare work.
(6) An overwhelming amount of people with pre-existing conditions that were previously denied insurance are now an increased cost to the insurance companies.
(7) The poor and homeless that can't afford to buy insurance still get medical care for free (we actually are paying for it in increased premiums and new ACA taxes).
(8) Of the 7.14 million insured, how many will pay up when they get the bill (sticker shock) ?
(9) The subsidy for the poor declines each year until it completely goes away.
(10) For many families, under the new law, health insurance has now become unaffordable.
(11) The penalty for those that don't sign up for ObamaCare starts at $95 but is actually much higher (depending on your income) and increases each year.   The good part of this is, the penalty can only be collected from any money due back to you from your tax filing.   There is no penalty or enforcement otherwise.
(12) With all these new people now insured, the doctors offices will be filled and your waiting time or date for an appointment will be severely extended (see Canada).
(13) ObamaCare law and the reduction in government payments to doctors and hospitals is causing a large percentage of doctors to leave the profession (or at least consider it).

Bottom line:   ObamaCare is destined to fail while leaching money from all of us for an inferior product that we don't want, at a high price.
However, Hillary will "FIX" it by having all health care insurance become "Single Payer", which means that our insurance company will be the government.   They will then have total control over who get what procedures and who is left to die...

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