An exhaustive study by three congressional committees delivers startling news about the dire effects of Obamacare: President Barack Obama’s signature legislation could increase health insurance premiums by over 200 percent and render insurance coverage unaffordable for millions of Americans.
Broadly, the new report declares that Obamacare “breaks its core promise” to make healthcare coverage affordable.
The report, “The Price of Obamacare’s Broken Promises,” was prepared by the House Committee on Energy and Commerce, Majority Staff; Senate Committee on Finance, Minority Staff; and Senate Committee on Health, Education, Labor and Pensions, Minority Staff.
“Studies and analyses from the Congressional Budget Office, independent actuaries, state insurance commissioners, health plans, benefit consultants, and others have reached the same conclusion: Obamacare will significantly increase premiums,” the congressional report states.
“Some estimates show some Americans facing startling premium increases of 203 percent because of the law.
“Higher healthcare premiums are the last thing single young adults and working families can afford. Yet contrary to what the president promised, that is exactly what Obamacare is projected to do.”
When Obamacare’s most costly requirements go into effect in 2014, households earning as little as $46,000 a year will receive no premium assistance, yet will be forced to accept “unaffordable” premium increases, according to the report
And frick John Roberts for not nuking this POS when he had the chance.
This more than anything else posted in this thread. It should have died last year with the Supreme Court.
He just didn't have the balls to do it.
He was scared shitless of being seen as an activist judge so he folded like a coward. frick him.
He basically gave the gov't damn near unlimted powers.
You can say what you like about charity and private organizations serving the public and ensuring that people are taken care of; if that had happened, no one would have sought healthcare reform.
Will premiums stay that high indefinitely, or will they begin to steadily decrease as more people receive preventative care, all medical bills are paid and the overall health of the nation improves?