Liar in Chief… Obama Argued That Premium Costs Would Go Down 14% – Instead, They Will Go Up 14%
Posted by Jim Hoft on Wednesday, October 20, 2010, 4:56 AM
The Obama-Pelosi Regime wanted to fundamentally change America. They did.
…And you’re stuck with the bill.
During the White House Summit on health care, Senator Lamar Alexander (R-Tenn.), chairman of the Senate Republican Conference, and President Obama argued that the Democratic health care bill would cause premiums to decrease.
Obama said premiums would decrease by 14% and attacked Sen. Alexander saying:
“This is an example of where we’ve got to get our facts straight.”
Watch how angry he gets…
Well now the facts are straight and it’s clear who was telling the truth and who wasn’t.
In 2011 employees’ share of premiums for a family plan is up an average of 14%, to $3,997.
CNN reported:
It’s that time of year when employers deliver bad news about next year’s benefits.
Chances are you’ll learn that your 2011 health insurance tab will be sharply higher, as companies continue to shift the burden of rising costs onto their workers.
Employees’ share of premiums for a family plan is up an average 14%, to $3,997, vs. just a 3% rise in the total bill, according to the Kaiser Family Foundation.
And it’s not just premiums that are spiraling higher. You’re also likely to be hit with higher deductibles and out-of-pocket maximums as well as bigger bills for doctor’s visits and drugs.
“Increasingly, employees have to be thoughtful about not just the cost of the plan, but the cost of the services they use,” says Michael Thompson, a principal with Pricewaterhouse-Coopers’ human resources practice.
1 million to lose out on better coverageIt seems people are doing that, but not in the way experts recommend: Recent data suggest that many insured Americans are now forgoing care because of the cost.
Now we know… Nothing about what they promised is true.
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Published May 24, 2012 at 8:46 pm - 91 Comments
Granny commented:
And this is before you even bother to factor in raises allowed in individual states like Connecticut, which has just allowed health insurance hikes of up to 47% or the cost of the prescriptions that will now be required for those 15,000 over the counter “drugs” like aspirin and diaper rash ointment.
Frankly, I would love to know just how CNN arrived at their figures, because I suspect that they underestimated by at least half.
neomom commented:
Let’s add this to the expiration of the Bush tax cuts and the American family will lose some purchase power next year. Oh, and more jobs.
squeaky commented:
[Armageddon: What Democrats Are Hiding & Why They Are Really Scared]…..
http://www.redstate.com/laborunionreport/2010/10/19/armageddon-what-democrats-are-hiding-why-they-are-really-scared/
jorgen commented:
It will be more when the insurance companies add up as well.
Change you can believe in! Get these marxists out on 2nd November!
Khan Krum commented:
Apparently one major loophole in these increases is that if you are Muslim or convert to Islam you can avoid them:
http://hillbuzz.org/2010/10/19/great-merciful-zeus-obamacare-intentionally-designed-to-give-muslims-free-healthcare-and-make-christians-pay-for-it/
Ratt commented:
Reading this article makes me want to facepalm. Because the Right should be running ads like crazy with these numbers. Again, complete silence from our Elite Betters. I can’t wait till a lot of them are gone. Thank God we have the TEA Party and blogs like this one doing the heavy lifting.
Echo, Jr. commented:
It is too bad that Obama caved in to the Vassals—the Republicans— of the Feudal Lords— the Corporations— and didn’t deliver a proper and catholic health-care bill to those many, many Americans who need a better system. It isn’t liberal enough, for he is forced to bow to the ham-fisted handservant–Republicans— of the malevolent Major Domo— the Healthcare-Industrial Complex. I hope those who sacrifice public good on profit’s altar can sleep at night.
cheers….
Charlie Gibson commented:
Echo, he didn’t need Republicans. The dims had enough votes to to pass it all by their lonesome. BTW, didn’t zero get money from the healthcare industry? You betcha!
Greg commented:
A positive result of the sunshine spread on employee health insurance is what the market is paying without being factored by corporate profitably. This year for the first time there was no increase in my employee share of the annual cost which was nice. Of course according to this article I should be paying 3800 dollars a year if I recieved average ppo cost of service. My actual cost is 6500 dollars per year. I think my company got caught overbilling employees. A major company!
arnonerik commented:
It seems that whenever Obama talks, and whatever he says, it’s not “factually accurate”.
Mrs. X commented:
@Granny “or the cost of the prescriptions that will now be required for those 15,000 over the counter “drugs” like aspirin and diaper rash ointment.”
This only applies to HSA/FSA as far as I know.
In other words, you won’t need a prescription just to buy a bottle of aspirin.
It will cost more to buy the bottle of aspirin if you normally use these funds (for tax benefits) for such a purchase, and it’s a burden to get a prescription (which is totally ridiculous!) I feel sorry for the doc’s who must put up with this load of crap. What a total waste of their time.
Just wanted to clarify. Perhaps I read you wrong. ;o)
Auntie Em commented:
Any person that will LIE to you will STEAL from you.
I hope Obama gets shot by one of his crazy followers.
Dave in Houston commented:
Echo, Obama’s party had veto proof majorities in the House and Senate, remember? He didn’t need the Republicans. He could and did walk over, under and around them. The roar of no he heard was from the voters. The ham-fistedness you mention is just typical government. It does nothing very well.
Also, what profits are you talking about?
Mrs. X commented:
Too bad for these numb-skulls, figures for 2011 premiums are coming out prior to election day.
If republicans don’t get rid of this terrible legislation, we’ll get rid of them, too.
Finncrisp commented:
Whoa #13, let’s keep it classy. We are all frustrated by the lies and the deception and the arrogance and the naricissism and the Marxist leanings, but let’s let Wanda Sikes wish kidney failure on one of ours and leave it at that.
Militant Conservative commented:
Echo, Jr.
October 20th, 2010 | 7:05 am | #8
Your ignorance of the truth is all that I need to see. Your a complete dunce on the issue. You show the world your ignorance when you post here. You are your own worst enemy. Socialism NEVER works and the healthcare system has been damaged by this bad law. powder is dry.
jonnot commented:
Good ol’ CNN they never disappoint–and never miss an opportunity to bash the insurance industry. Just look at this quote, from this piece and how they “interpret” the 14% rise in obamacare costs: “…as companies continue to shift the burden of rising costs onto their workers.” Who else should be paying the “burden of rising costs”? The Republicans rightfully pointed out that this was exactly what would happen if this flawed bill passed.
Granny commented:
Mrs. XNo Gravatar
October 20th, 2010 | 7:33 am | #12
@Granny “or the cost of the prescriptions that will now be required for those 15,000 over the counter “drugs” like aspirin and diaper rash ointment.”
This only applies to HSA/FSA as far as I know.
In other words, you won’t need a prescription just to buy a bottle of aspirin.
_________
Don’t kid yourself! For starters, the pharmacies are going to have greatly increased costs due to the increase inpersonnel required to fulfill the prescriptions. That means that we ALL are going to have to pay hugely increased prices for these things.
Second, you are going to have to find a physician, PA or Nurse Practitioner to write that prescription and you are going to have to pay for an office visit. As a medical professional I can tell you that 1.) we do not have the infrastructure to provide for all the extra appointments, even if this is just limited to those using an HSA and the elderly and 2.) your insurance company is NOT going to pay for a doctor’s visit every time you need a bottle of aspirin.
Oh yes, you are going to have to pay a lot more for your aspirin and quite likely pony up a prescription. The records for all of which will be transferred to that new medical database all your records are going into whether you like it or not so that Nanny can keep track of exactly how many aspirin you consume.
Guy commented:
14%? Fat chance. That’s just the tip of the ice burg. Our government pays a thousand dollars for hammers. Don’t expect it to be any different with health care expenditures. Once all the “preferred providers” line up at the trough, it will be a fiasco, and the taxpayers will be fleeced like never before. Meanwhile, millions who “can’t afford” to pay will magically appear in line for their benefits.
The rest of us will be saddled with the cost of everyone else’s health care, as we foolishly struggle to protect our dignity and continue to pay our premiums. As our wealth is “redistributed” and the ranks of people who can afford to pay shrink, it will all come crashing down on us. It always does. It’s called Socialism, and it just doesn’t work.
The people doing this to our country are not just misguided ideologues. They know exactly what they are doing. They are traitors, they are evil, and they must be stopped.
Militant Conservative commented:
Mrs. X
October 20th, 2010 | 7:33 am | #12
There is a provision in the Healthcare bill to raise taxes on “medical devices”. Guess what everything in the OTC area in your favorite store just became “medical devices”. Tampons, condoms, ointments, asprin, vitamins all of it. HUGE tax increase. goes into effect january 1 2010.
powder is dry.
Liberals Are Nuts commented:
We got our letter for health care expenses next year. The company apparently is going to eat some costs to keep the monthly payment down but they increased our deductible by 50%.
The anger I feel for Obama/Pelosi/Reid, our government, the voters, the moochers, is immeasurable.
Paul Revere commented:
I am furious! My health care premiums just jumped $1800/year, ten times the typical annual premium increse. SUCKS>
SandyfromChesterfield commented:
I have just been told by the MO Dept. of Insurance that there is not an insurance company in Missouri that will give my healthy 17-year old son WITHOUT PRE-EXISTING CONDITIONS a policy. He cannot be added to Mom or Dad’s policy so I have to wait until he is 19 to insure him. This is all due to obama’s pre-existing mandate.
John commented:
Jim Hoft is once again showing his ignorance of the health care market.
Jim’s confusing individual insurance vs. employer-provided coverage, and premiums vs. costs. During the Blair House debate, the president cited evidence that premiums on the individual market would go up under the new law because the coverage is significantly better, but the subsidies for people who buy their own insurance would reduce the total costs to families by 14 to 20 percent.
Employer-based coverage, which is what the CNN article is discussing, is entirely separate.
gus commented:
JOHN. With any KISMET or LUCK.. you may be under 26 and MANDATED TO BE COVERED BY your 2 Dad’s coverage. And as such, your pre-existing condition of RE-TARDATION will be covered by the AFOREMENTIONED 2 DAD’S.
Johnny dumb fux??? If you are covered for that.
Where does the money to provide your needed services come from???
Evil Insurance Co’s???
NOPE. The Company raises EVERYONE’S rates to cover your RETARDATION.
Does that make sense Johnny??
gus commented:
Johnny?? If SOMEONE ELSE has to pay for the RETARDATION TREATMENT that you require…..how does that REDUCE COSTS and help to REDUCE the U.S. DEFICIT??
Johnny??? I have news for you CLOWN BOY.
There is no free lunch. Obama is a CLOWN.
like you.
gus commented:
Johnny Tard. You just made the case that Obama said. : that premiums on the individual market would go up under the new law because the coverage is significantly better:
Johnny REEEEEEEEEEETARD. If you ordered a meal at my RESTAURANT. Your BILL would go up, because the MEAL THAT I served you, would be significantly BETTER!!!!
John TARD. If you ordered a HAMBURGER, your BILL WOULD GO UP….SIGNIFICANTLY, because I would GIVE AND SERVE you a meal that was SIGNIFICANTLY BETTER.
If you asked for a KIA, I would charge you for a GM car, because that is SIGNIFICANTLY BETTER.
Fuxing clown.
bbay commented:
Has anyone else noticed that many Physicians have transferred their care to a referrals Physician? (A very “back-logged” referrals Physician)
It’s particularly noticeable in various specialty fields… So, maybe they’re already preparing for a sabbatical?