[...] Cory Booker! Whatever would g...
Did White House threaten Cory Booker for criticizing Obama’s attack ad? « Full Metal Patriot on Obama threatens to withhold Social Security checks despite sufficient funds [UPDATED] Social Security Chief Actuary exposes Obama deception
Shockeroo: Top U.S. companies consider dropping employee health insurance
So much for Obama’s lie about making healthcare more affordable.
The ink was barely dry on President Barack Obama’s signature before the RAND Corp. released a report concluding that, not only would the hard-won health care package fail to curb health insurance premium increases, but the bill itself would drive premiums for young people up as much as 17 percent.This should not have been a surprise: the Congressional Budget Office had already warned that the plan would do almost nothing to reduce premium hikes. And when New York implemented the same type of insurance reforms in the 1980s, it led to an increase of nearly $500 per year for young people. But somehow, the media didn’t pay much attention.
And, of course, during the health care debate, no presidential speech was complete without a promise that “if you have health insurance today, and you like it, you can keep it.” But the Congressional Budget Office now says that as many as 10 million workers will lose their current insurance under Obamacare. Some of those workers will have to buy new insurance through the government-run exchanges. Millions more will be thrown onto Medicaid.
[...]
With spending going up, and future savings likely to fall short of promises, we can expect higher deficits and, of course, higher taxes. The most recent estimates suggest that the taxes already in the bill will likely end up costing middle-class workers and small businesses an extra $1,000 per year.Now the most recent report from the Congressional Budget Office warns that nearly 4 million Americans, nearly three-quarters of them middle-class workers, will be hit with fines for failing to meet the government’s mandate to buy insurance. Those penalties will average nearly $1,000 per person in 2016.
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Perhaps this is why nearly 56 percent of American voters now favor repealing the bill.
So much for Obama’s lie about making healthcare more accessible.
In a stunning revelation Wednesday, several top U.S. corporations are seriously considering dropping employee health insurance coverage in light of what they see as the inevitable consequence of ObamaCare–skyrocketing costs.The companies state that after their legal experts poured over the thousands of pages in the new law, it will cost them less to pay the fines for not providing healthcare coverage for employees than continuing to provide employer-paid health insurance benefits.
…a report issued today in Fortune Magazine and reported by CNN indicates that the dire warnings of ObamaCare critics concerning the consequences of approving the costly legislation are in fact well-founded.
The report points to internal documents from AT&T, Verizon, John Deere, and several other large corporations which show that executives are, in fact, looking at the option of dropping healthcare coverage for employees due to what they are sure will be unsustainable increases in costs. These costs will be so prohibitive that it would benefit the corporations to pay the government fines instead.
Posted by FullMetalPatriot
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT
12th gen. American, Constitutionalist, Harley-riding Texan, gun owner & NRA member, blogger, illustrator, Florida Gator alumnus. #TCOT
I wonder who said this first?