Before Obamacare was passed Barack Obama repeatedly promised Americans,
“If you like your current healthcare plan you can keep it.”

Of course, it was just a lie.

Today the Congressional Budget Office reported that at least 7 million Americans will lose their healthcare plan thanks to Obamacare.
The Washington Times reported:

President Obama’s health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.

CBO said that this year’s tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they’ll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.

But the non-partisan agency also expects fewer people to have to pay individual penalties to the IRS than it earlier projects, because of a better method for calculating incomes that found more people will be exempt.

Overall, the new health provisions are expected to cost the government $1.165 trillion over the next decade — the same as last year’s projection.

But, it’s OK.
The lapdog media will never criticize this president for this blatant lie.
Obama need not worry.

 

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  1. “Obama lied.”

    That’s something new?

  2. This is what the Alinsky student wants. To have the private Insurance cost become so unaffordable, that the employers will start dropping their insurance coverage for their employees, and the public will sign up for Obamacare.

    Obama and the Democrats will blame the “greedy” companies for not “paying their fair share” in Insurance cost. A famous Alinsky tactic, demonize private companies, and have the Government come in on the white horse and save the day.

    In time, one by one, the Insurance companies will fold, and the Government will have a monopoly on the Insurance business.

  3. The whole point of passing Obama’s health insurance scam was getting insurance coverage for the uninsured.

  4. ++

    no no no, at least seven million don’t have health insurance now,
    ergo, once seven million more lose theirs, thing will even out and
    all will be noted as progress via Kickin’ it Kaliphate King Barry O’..

    ==

  5. ++

    Single Payer Option

    a bit more..

    flashback to the future:

    [One of the biggest misconceptions about President Barack Obama's
    health care overhaul isn't who the law will cover, but rather who it
    won't.

    If it survives Supreme Court scrutiny, the landmark overhaul will
    expand coverage to about 30 million uninsured people, according
    to government figures. But an estimated 26 million Americans will
    remain without coverage — a population that's roughly the size of
    Texas and includes illegal immigrants and those who can't afford
    to pay out-of-pocket for health insurance.]

    ==

  6. Over what time frame? Last time CBO reported on this, they were only counting the first 2 years the law would be in full effect.

    The first 10 years, from 2014 on, will likely see 30-50 million of us, plus dependents, lose our insurance. If Obamacare isn’t repealed, that number will increase to 100% of those currently insured by their employers: about 110 million plus 80 million dependents.

    I got my W2 yesterday, it showed (for the first time) the cost to my employer of my health insurance: about $9600 for a single plan. My female coworker’s was just over $10k for a single. Family plans for my coworkers are just over $25k. So, under Obamacare, my company can dump us all and pay a tax penalty of $2500 per employee. They’ll save 75% on those of us that are single and 90% on employees that have family plans.

    That’s a huge incentive to dump us on an exchange.

    Worse, the more people go on Medicaid as a result of Obamacare (per CBO about 30 million more will be added, actual number will be higher) the faster the cost of employer provided insurance will rise (since Medicaid pays only 60% of the actual cost of services, doctors/hospitals overcharge private insurers to make up for their loss). So, it’ll be a death spiral. The more people lose their private coverage and end up on Medicaid or a subsidized Obamacare exchange plan, the faster private insurance costs will go up which will ensure that yet more people lose their employer coverage.

    Worse, what exactly does the exchange do for me? When I lose my employer provided insurance, I’m required by law to buy my own and face a tax penalty if I don’t. The subsidies are on a sliding scale that zeroes out at 4x the federal poverty rate (currently about $11k, so zero subsidy above $45k). I barely exceed that, so zero subsidy for me.

    Oh joy, that’s wonderful!

    Instead of ‘keeping my plan if I like it’, which I do, I’m expecting to lose it and face a tax penalty if I don’t buy my own. $10k currently just to get the same plan, but I’m seeing news reports that the cost of insurance on the individual market (as opposed to group plans like my employer can buy) are expected to see rate increases of 75-100% as a result of Obamacare.

    Woohoo, I’m in heaven now! Those Democrats just earned my vote for life!!

  7. ++

    everyone should quit their jobs, march to the White House, tell Barry
    we’re not going to take it anymore, lets show him just how much we
    believe in him, and all the wonderful things he’s trying to do for US!!

    LETS MAKE HIS DREAMS COME TRUE BY SACRIFICING IN UNISON!! :-)

    oh wait, that’s more truth than sarc. :-(

    [First proposed in 1966 and named after Columbia University sociologists
    Richard Andrew Cloward and his wife Frances Fox Piven (today Piven is
    an honorary chair for the Democratic Socialists of America), the “Cloward
    -Piven Strategy” seeks to hasten the fall of capitalism by overloading the
    government bureaucracy with a flood of impossible demands, thus pushing
    society into crisis and economic collapse.]

    ==

  8. This is probably accurate but I still don’t think anyone knows all that this law is going to do. The Obamaites really don’t care, their baseline goal is to get govt controlled health/doctors period. So be it to whatever else happens along the way. Think of how free Americans will feel when govt controls your health and tells you what you must do to be healthy. Democrats are fools.

  9. “Millions of injured is a statistic – a single injury is news”

    Anything that can be done to prepare this country for eventual destruction is all right with the Regime.

  10. Wasn’t that the plan…?

  11. Won’t be 7 million. That is a lie.

    It’s more like 77 million.

    Employer based health care will not exist in ten years, period. Neither will health insurance companies for that matter. If you work for one, my condolences.

    We’ll go through the stage where massively overpriced insurance in state exchanges exist, insurance that people will only buy when they need it. The rest of us will be paying the Pelosi Penalty. $700 a year next year. It’ll be a lot more than that soon…and it will still be a fraction of the tens of thousands of dollars your health insurance will cost.

    Eventually the health insurance industry will go belly up along with the health care system, but I’m sure six months to a year wait for routine doctor’s visits will be fine with everyone, right?

  12. If you like the current narrative hold onto your wallet, that is the first thing they x-ray.

  13. This is by design with single-payer being the end goal.

  14. I work in the IT department for a health insurance company and I see the writing on the wall. We laid off staff last month and we’re cutting expenses to the bone to comply with the new loss ratios. It’s come to a point where 90% of the work we do is for federal or state government compliance anyway. We do very little work to actually help our clients any longer. I might as well be a government employee!!!

  15. Justice is conspicuous by its absence when it comes to politics and entrenched, self-serving regimes. There is NOTHING in this Regime that is NOT politics and they are most certainly self-serving. What is more sinister is the entrenched bureaucrats Mandarins running the Federal Government are Communist inspired and cannot be fired.

  16. The article goes on to say:

    With other spending cuts and tax increases called for in the health law, though, CBO still says Mr. Obama’s signature achievement will reduce budget deficits in the short term.

  17. I got my W2 yesterday, it showed (for the first time) the cost to my employer of my health insurance: about $9600 for a single plan. My female coworker’s was just over $10k for a single. Family plans for my coworkers are just over $25k.

    And yet, just four days ago, GP was lamenting a projected future cost of $20K for a family plan in 2016, under Obamacare .



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