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Congressional Report: Obamacare Leads to Skyrocketing Premiums, 200 Percent Possible
newsmax ^ | 3-20-13 | Jim Meyers

Posted on 03/21/2013 7:24:08 AM PDT by TurboZamboni

An exhaustive study by three congressional committees delivers startling news about the dire effects of Obamacare: President Barack Obama’s signature legislation could increase health insurance premiums by over 200 percent and render insurance coverage unaffordable for millions of Americans.

Broadly, the new report declares that Obamacare “breaks its core promise” to make healthcare coverage affordable.

The report, “The Price of Obamacare’s Broken Promises,” was prepared by the House Committee on Energy and Commerce, Majority Staff; Senate Committee on Finance, Minority Staff; and Senate Committee on Health, Education, Labor and Pensions, Minority Staff.

“Studies and analyses from the Congressional Budget Office, independent actuaries, state insurance commissioners, health plans, benefit consultants, and others have reached the same conclusion: Obamacare will significantly increase premiums,” the congressional report states.

“Some estimates show some Americans facing startling premium increases of 203 percent because of the law.

(Excerpt) Read more at newsmax.com ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: 0care; 200; abortion; cbo; deathpanels; democrats; fraud; healthcarepremiums; obama; obamacare; obamacarecosts; obamacarepremiums; obamadeathcare; pelosi; premiums; socialisthealthcare; zerocare
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To: St_Thomas_Aquinas

I am truly sorry for you losing your job. These liberals have nade this personal. It is not about some theoretical idealogy. People’s lives are being turned upside down and trashed by these a-holes.


41 posted on 03/21/2013 1:59:43 PM PDT by plain talk
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To: plain talk
I am truly sorry for you losing your job.

I truly appreciate it.

These liberals have made this personal. It is not about some theoretical ideology. People’s lives are being turned upside down and trashed by these a-holes.

Yup. I just take it one day at a time.

What pisses me off is the media ignoring all this suffering. I remember how they hounded Reagan with endless stories of the homeless. Apparently, that problem has been solved.

My accountant's wife has been out of work for a year. My next door neighbor for two. BIL has been laid off twice. Two of his kids can't find work. I haven't seen anything like this in my 30 years of work. In truth, this is the second great depression.

42 posted on 03/21/2013 2:56:59 PM PDT by St_Thomas_Aquinas
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To: TurboZamboni
WANTED: Due to Obamacare demand we have immediate openings for general surgeons.

No medical license required but must attend a 3 day seminar. Steady hands and familiarity with knives a plus. Lousy pay but steady work.

Call Ms. Sebelius, 1-800-DIE-EASY (ask for Kathy)

43 posted on 03/21/2013 6:56:55 PM PDT by JPG (Stay strong.)
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To: tanknetter

I heard Howard Dean acknowledge just that with my own ears.


And Krugman let slip that is the middle class that would be paying for it.

Yet strangely we hear nothing from the beltway GOP about those statements. It seems the fix is in.


44 posted on 03/21/2013 9:39:38 PM PDT by lodi90
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