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OK, We Admit It: ObamaCare Is Working!
Investors.com ^ | May 14, 2014 | IBD Editorial

Posted on 05/14/2014 4:29:10 PM PDT by jazusamo

Health Reform: President Obama is right about ObamaCare — "This thing is working." It's working just like critics said it would, and nothing like its supporters promised.

High and rising premiums. Runaway costs. Rampant waste. Workers shoved into government-run exchanges. That's what critics said would happen should ObamaCare remain the law of the land.

And on every point, these critics were viciously attacked by the White House and its amen chorus in the press. But on each, the critics are being proved right while the law's backers try to change the subject.

Warnings of ObamaCare rate shocks were a big myth, we were told — merely "scare tactics" used to gin up opposition to the law by Republicans.

Then the first year's rates came out last fall, and they were far higher than pre-ObamaCare premiums in most states, often even after taxpayer subsidies.

The rate shocks continue. IBD reported this week that two states are proposing rate hikes topping 8% for their 2015 ObamaCare premiums. In Virginia, CareFirst Blue Choice proposed a nearly 15% increase.

According to one insurer, poorer health of enrollees plus ObamaCare taxes and fees are largely to blame.

Nevada insurance brokers, meanwhile, see premium hikes of 35% to 120% for small businesses renewing plans this year, the Las Vegas Review Journal reports.

And a recent analysis by Avalere Health concluded that "double digit premium increases are likely in many markets" for next year.

ObamaCare was also supposed to hold government health costs in check — and even cut the federal deficit. Those who disagreed were told to read Congressional Budget Office reports on the matter.

(Excerpt) Read more at news.investors.com ...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: disaster; liar; obama; obamacare; obamalies
0bama, Pelosi, Reid and the Rats that voted in 0care should be charged with treason.
1 posted on 05/14/2014 4:29:10 PM PDT by jazusamo
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To: jazusamo

And it’s never going away. Get used to it.


2 posted on 05/14/2014 4:30:25 PM PDT by saganite (What happens to taglines? Is there a termination date?)
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To: saganite

I sold my Harley to pay for my premiums, ($16,000 + 5700 deductible)!!
I’m ticked.


3 posted on 05/14/2014 4:32:45 PM PDT by griswold3 (I was born heI're in America. I will die here in a third world country. Obama succeeded.)
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To: jazusamo

https://www.youtube.com/watch?v=lUd-slJc-GY


4 posted on 05/14/2014 4:32:54 PM PDT by CommieCutter ("For an idea to be too simplistic, it must first be proven wrong" --Thomas Sowell)
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To: saganite

It will go away when the country collapses. So will a lot of other things.


5 posted on 05/14/2014 4:35:51 PM PDT by CommieCutter ("For an idea to be too simplistic, it must first be proven wrong" --Thomas Sowell)
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To: CommieCutter

0bummer is an expert liar and his chorus eats it up.


6 posted on 05/14/2014 4:36:31 PM PDT by jazusamo
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To: jazusamo

Ted Cruz was right. Too bad he was alone, except for his fellow conservative senator, Mike Lee. The rest of the GOP was busy getting to the TV cameras clucking about how ridiculous Cruz was for opposing this Obamanation.


7 posted on 05/14/2014 4:44:34 PM PDT by txrefugee
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To: saganite

Everyone better pray that it’s repealed and that it goes into the trash heap of history! If not, behold the next Holocaust; bend over and kiss your rear goodbye.


8 posted on 05/14/2014 4:44:47 PM PDT by ExTexasRedhead
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To: jazusamo
High and rising premiums. Runaway costs. Rampant waste. Workers shoved into government-run exchanges...not to mention high vulnerability to having one's personal information stolen because of very poor Obamacare exchange internet security, which has apparently never been fixed - probably it won't be mentioned until reports of identity theft traced back to the exchanges start piling up....
9 posted on 05/14/2014 4:45:26 PM PDT by Intolerant in NJ
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To: jazusamo
Obamacare

To insure the uninsured we first make the insured uninsured and then make them pay more to be insured again so the original uninsured can be insured for free.

10 posted on 05/14/2014 4:45:30 PM PDT by DJ Taylor (Once again our country is at war,and once again the Democrats have sided with our enemy.)
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To: txrefugee

Well said, Ted Cruz gets it as does Mike Lee.


11 posted on 05/14/2014 4:50:55 PM PDT by jazusamo
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To: Intolerant in NJ

It’s hard to believe there hasn’t been much more said about the identity theft problem, it will happen if it hasn’t already started.

The media is covering for 0bama and the Rats big time on this, in my view.


12 posted on 05/14/2014 4:56:01 PM PDT by jazusamo
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To: griswold3
I sold my Harley to pay for my premiums, ($16,000 + 5700 deductible)!!

And so begins the long, slow grind down. Obamacare was explicitly designed that way.

13 posted on 05/14/2014 4:56:21 PM PDT by glorgau
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To: jazusamo

I am your Liar in Chief. You cannot criticize me.


14 posted on 05/14/2014 4:59:28 PM PDT by centurion316
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Please bump the Freepathon or click above and donate or become a monthly donor!

15 posted on 05/14/2014 4:59:31 PM PDT by jazusamo
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To: jazusamo

It should be used as a campaign commercial. It’s ridiculous that it’s not. This idiot has had so many “PotatoE” moments it’s ridiculous.


16 posted on 05/14/2014 5:19:50 PM PDT by CommieCutter ("For an idea to be too simplistic, it must first be proven wrong" --Thomas Sowell)
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To: jazusamo

So when do you think nobama and his chorus of lowlifes will begin trumpeting “Single Payer” as the savior.


17 posted on 05/14/2014 5:38:50 PM PDT by upchuck (Support ABLE, the Anybody But Lindsey Effort. Yes, we are the ABLE!!)
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To: CommieCutter

I predict that citizens will “claw back” from the 0bamacare people. It won’t be safe to be stealing from or controlling people’s healthcare.


18 posted on 05/14/2014 5:43:07 PM PDT by MtnClimber (Just doing laps around the sun and shaking my head that progressives can believe what they do!)
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To: MtnClimber

It’s too much too soon. It has to fail somewhere. Maybe if we were at $0.00 on the National Debt and had 17 trillion to blow.


19 posted on 05/14/2014 6:13:51 PM PDT by CommieCutter ("For an idea to be too simplistic, it must first be proven wrong" --Thomas Sowell)
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