Another Obama Lie: O-Care Will Raise Premiums for 2/3 of Small Businesses (Video)
The White House website says:
“Health insurance reform lowers costs for American businesses – especially small businesses – who are struggling to remain profitable and competitive under the status quo.”
Obama even promised small businesses in 2009 that their premium costs would go down under Obamacare.
Via Libre Initiative:
But it was another lie.
Democrats took another hit today after the Centers for Medicare and Medicaid Services found that premiums for two-thirds of small businesses will increase under Obamacare.
Republicans are seizing on a new report in which the Obama administration itself concludes that the President’s signature health care law would raise premiums for roughly two-thirds of small companies.
But Democrats point out that Republicans designed and ordered the report, which they say ignores billions of dollars in subsidies that will decrease those premiums.
The report about small business health costs is required by the 2011 Budget and Control Act and came from the Centers on Medicare and Medicaid Services (CMS), a division of the Department of Health and Human Services.
CMS released the report on Friday with little fanfare. Neither the HHS website nor the CMS website shows a news release or public notice about the report.
Republicans, on the other hand, wasted no time publicizing their reactions Monday.
“BREAKING: Obama administration says 11 million will pay higher premiums for their health care,” read a tweet from House Speaker John Boehner’s Twitter account.
“This time, the evidence comes from the Administration itself,” wrote Rep. Cathy McMorris Rodgers, the fourth-highest-ranking Republican in the House. “After all of the President’s promises to lower health care costs… this is just more evidence of his failure to do so.”