Wednesday, November 20

Obamacare Brought Higher Premium, Cancellation of Coverage, and More Lies

Second Wave of Health Plan Cancellations Looms Because of Obamacare

"A new and independent analysis of ObamaCare warns of a ticking time bomb, predicting a second wave of 50 million to 100 million insurance policy cancellations next fall -- right before the mid-term elections. 

The next round of cancellations and premium hikes is expected to hit employees, particularly of small businesses. While the administration has tried to downplay the cancellation notices hitting policyholders on the individual market by noting they represent a relatively small fraction of the population, the swath of people who will be affected by the shakeup in employer-sponsored coverage will be much broader. 

....Under the health care law, businesses with fewer than 50 workers do not have to provide health coverage. But if they do, the policies will still have to meet the benefit standards set by ObamaCare."

Obamacare doesn't work. Obamacare takes up 1/6th of the economy or 1/6th of the GDP. Obama is providing a bandaid as Obamacare is in a death spiral. Obama is now making back-door deals with insurance companies and unions to suppress their grievances. It is obvious that Obama's planning to force the American people to a one payer system. In other words, Obamacare will morph into a government run health care system. The problem lies with the government imposing strict regulation on health care. A government mandate will cause an insurance company to drop many insurance plans that don't fit the government's model. The result puts the burden on the insurance buyer. There are two choices. Either the insurance buyer purchase a more expensive plan, which increases their premium, or lose an insurance coverage. It is important to note that Obama promised that insurance premiums will drop by $2,500. A lie. It is important to note that Obama promised that one can keep their doctor. A lie. It is important to note that Obama promised that one can keep their insurance plan. A lie. At this point, the American people are angry and livid from the lies of the president.

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