One reason the Republicans are so adamantly against Obamacare, is that it's driving individual insurance premiums up. And with the law now kicking in, the bills are coming due. In looking into this, we talked to health insurance companies, and representatives of Covered California, agency implementing the Affordable Care Act in California. What they told us may be a bitter pill to swallow, for those who will pay more.
What they told us may be a bitter pill to swallow, for those who will pay more.
EVERYONE is going to pay more. The wage suppression, demands for increased productivity, cutbacks to other benefits, layoffs and reduction in hours required for employers to meet the premium increases are just the start.
People who've paid 3% of their income to Medicare have just watched the government siphon $750 BILLION from their paychecks (retroactively contributed over decades) to pay for 30 million uninsured deadbeats, crack whores, and meth heads, many of whom will not even sign up until they arrive with some substance related health catastrophe at the emergency room.
Board certification of Third World "doctors," less money for research, more cost shifting, and overall reduced quality will follow quickly after, as will a deteriorating dollar since the true cost has never been accurately scored by CBO. Inflation is a tax on EVERYONE, and hurts those least able to absorb it the most; exactly those people 0bamacare was supposed to be helping.