What was said and what has actually happened with Obamacare might be a scandal for President Barack Obama for some time to come. Many Americans, however, will be the ones to pay for it.
Here are eight facts regarding the deceptions within the passage of the Affordable Care Act:
1. Starting with the main fantasy created by the Obama health care machine,
all Americans will not be covered by health insurance. And it seems fewer and fewer will be. Enrollment figures are far less than anticipated and the costs are going to be far more than anticipated from the Congressional Budget Office’s original $938 billion to more than $1.3 trillion.
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2. Obama liked to say, often, “If you like your doctor, you will be able to keep your doctor.” Not only have doctors left or
considered leaving the medical profession because of the effects on their costs from Obamacare, but insurance companies have been forced to rearrange their policies because of its costs, so millions of Americans lost their doctor.
3. The same with keeping your health insurance plan. Policyholders were in for a big shock when their policies were suddenly cancelled following the implementation of the Affordable Care Act. Millions of insured became uninsured from cancellations or when they discovered their insurance premiums tripled.
4. The deception that health care costs would go down by $2,500 annually per family has already been realized from this Barack Obama scandal. Although some people who previously didn’t have health insurance and others with entitlements have benefited, average Americans saw their costs double or more. They either switched to inferior plans or went without health insurance.
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5. Raising taxes on the middle class was something Obama always promised he would never do. In fact, the language in the Obama health care plan made it sound like
the Cadillac tax on employers that provided generous health care plans would tax insurers.
As Obamacare architect Jonathan Gruber explained, the tax on insurers leads to higher costs from the insurers, which means more taxes on the middle class, as well as increases in insurance rates.
6. Young people will benefit from the revolutionary health care plan, it was said. But common sense and logic come into play, even in economics. Young people have seen and will continue to see their rates increase dramatically to offset costs for older people. So the younger folks are staying away from health insurance plans altogether.
7. Obamacare supporters claimed there would be little impact on companies and employment. The exorbitant costs to employers have led to lay-offs and reducing jobs from full-time to part-time to avoid the participation in employer-sponsored plans. So there are fewer jobs and increased employee contributions on health care plans for those who still have jobs.
8. As if the increase of the national debt to $18 trillion weren’t enough of a scandal for Barack Obama, proponents of Obamacare claimed there would be no increase to the federal deficit. But a Government Accountability Office report later revealed a possible $6.2 trillion addition to the long-term federal deficit. Obama had claimed he would not sign a plan that increased deficits by “one dime."
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