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In the latest report to undercut President Obama’s “If you like your health care plan, you can keep it” promise, the Congressional Budget Office projects millions of workers will leave employer-sponsored health plans over the next decade because of ObamaCare. Some will opt to go on Medicaid, but others will be kicked off their company plans by employers who decide not to offer coverage anymore, according to a new CBO report titled, “Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2016 to 2026.” “As a result of the ACA, between 4 million and 9 million fewer people...

“What the hell is this, a joke?” Speaker of the House John Boehner said in reaction to news this week that yet another “deadline” in the Affordable Care Act had been unilaterally delayed by the Obama administration. Unfortunately, the answer to that question is yes, and it’s becoming increasingly clear that the joke is on the American taxpayer. Late Tuesday, the Department of Health and Human Services – which has taken to bragging about “enrollment” numbers that fall millions short of their original goals – announced that the March 31st deadline for open enrollment had become more of a guideline....

<p>For many Americans, Obamacare will be a test of their budgets and their tolerance for the health care overhaul.</p> <p>That's because buying insurance through the health care exchanges will cost individuals "at least $2,988 a year on average" per person, Bloomberg notes.</p>

Healthy consumers could see insurance rates double or even triple when they look for individual coverage under the federal health law later this year, while the premiums paid by sicker people are set to become more affordable, according to a Wall Street Journal analysis of coverage to be sold on the law’s new exchanges. The exchanges, the centerpiece of President Barack Obama’s health-care law, look likely to offer few if any of the cut-rate policies that healthy people can now buy, according to the Journal’s analysis. At the same time, the top prices look to be within reach for many...

Internal cost estimates from 17 of the nation's largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration's goal of affordability.New regulations, policies, taxes, fees and mandates are the reason for the unexpected "rate shock," according to the House Energy and Commerce Committee, which released a report Monday based on internal documents provided by the insurance companies. The 17 companies include Aetna, Blue Cross Blue Shield and Kaiser Foundation.The report found that individuals will face "premium increases of nearly 100 percent...

At his press conference Tuesday, President Obama assured Americans that, “To the 85-90 percent of Americans who already have health insurance: They’re already experiencing most of the benefits of the Affordable Care Act even if they don’t know it.” Those benefits apparently include higher premiums. According to the Wall Street Journal, insurers are warning that premiums in the individual and small-group markets could double in the next few years. Already, they are well on their way. For example, California health insurers are proposing increases for some customers of 20 percent or more: 26 percent by Blue Cross, 22 percent by...

The public still doesn’t like Obamacare and still doesn’t like President Obama’s handling of health care in general. The latest Fox News poll (one of many with similar results) tells us: While a 54-percent majority would repeal the law, 41 percent would keep it in place. That’s mostly unchanged from two years ago, when 56 percent said they would cancel it and 39 percent wanted the law to remain (January 2011). On the law itself views are divided along partisan lines. By a 48 percentage-point margin, most Democrats favor keeping Obamacare (72-24 percent), while Republicans favor repealing it by an...

Senate Majority Leader Harry Reid (D-Nev.) says he shares colleagues’ concerns that the Affordable Care Act could become a “train wreck” if it’s not implemented properly. Reid warned that people will not be able to choose health insurance plans on government health exchanges if federal authorities lack the resources to set them up and educate the public.

Buried deep inside President Obama's 2014 budget released on Wednesday is a new proposal to expand federal health insurance benefits to same-sex domestic partners. Framed as a measure to reduce the deficit, the proposal would amend the Federal Employee Health Benefits Program beginning in 2015 to add a "self plus one" enrollment option in addition to the "self" and "family" options. Like the Domestic Partnership Benefits and Obligations Act that the administration has endorsed in prior budgets, this new FEHB formulation would work within the current legal constraints of the Defense of Marriage Act by adding a new classification for...

A Costly Employer Mandate It's a Regressive Tax:The House and Senate draft proposals for health care reform include employer mandates that require employers to pay higher taxes (as much as an 8% payroll tax) if they do not offer health insurance or if they offer it but some employees decline it and use the government system. The result of such a tax penalty will cause lower pay and job losses, especially for low-income workers. By the Numbers: According to The Heritage Foundation, the mandates could cost businesses up to $49 billion a year, 10.2 million workers will be at risk...

Remember how since-demoted House Speaker Nancy Pelosi said we'd have to pass the massive ObamaCare health law to find out what's in it? Well, now three years later that's happening and a lot of people are not liking what they see. Remember how ObamaCare was going to save you money? Not going to happen. Premiums are going up, some by as much as 100%. And a new study by the nonpartisan Society of Actuaries finds that on average insurers will have to pay 32% more for claims under ObamaCare. Remember how ObamaCare was going to cover more than 44 million...

The Affordable Care Act is looking less and less affordable. Start with the IRS’s new estimate for what the cheapest family plan will cost by 2016: $20,000 a year to cover two adults and three kids. And that will only cover 60 percent of medical bills, so add hefty out-of-pocket costs, too. The next surprise is for parents who thought their kids would be covered by an employer. Sloppy wording in the law left that unclear until last week, when the IRS ruled that kids won’t be covered. Starting in 2014, the law will require employers with 50 or more...

A top U.S. Republican lawmaker said on Sunday he would support granting citizenship to children who are in the country illegally in a sign that conservatives who oppose immigration amnesty will be playing defense as Congress takes on immigration reform in the coming months. Representative Eric Cantor, the No. 2 Republican in the House of Representatives, said Congress could make quick progress on immigration if lawmakers agreed to give citizenship to children - an idea he opposed when it came up for a vote in 2010 as the DREAM Act. "The best place to begin, I think, is with the...

College students will soon wake up to the fact that they have been had. While they were overwhelmingly supportive of the Patient Protection and Affordable Care Act (PPACA or “ObamaCare”) when their charismatic President was championing it, they will not be pleased when they find out that there is a huge price they will have to pay. ObamaCare will be anything but affordable. Apparently, New Jersey is the only state in the nation that currently requires all college students to have healthcare coverage. This has always been a bare-bones plan costing from $100-600 per year. The new healthcare regulations will...

Obama: Healthcare reform deficit neutralPublished: June 15, 2009 at 5:06 PM CHICAGO, June 15 (UPI) -- The $1 trillion, 10-year price tag for reforming the U.S. healthcare system is steep, but inaction will cost more, President Obama told physicians Monday. Obama touted his vision of healthcare reform before the American Medical Association's annual meeting in Chicago, saying providing affordable healthcare for all Americans "will come at a cost" but only in the short-run. "(Failing) to reform our healthcare system in a way that genuinely reduces cost growth will cost us trillions of dollars more in lost economic growth and lower...

Healthcare reform either will ease the budget deficit or add to it; Medicare reform will either save the program for future generations or gut it -- what's a U.S. taxpayer to believe? The Census Bureau reported some 49.9 million Americans were without health insurance last year -- something President Obama is hoping to overcome with the Affordable Care Act, which is currently undergoing scrutiny in the U.S. Supreme Court. But whether revenue will be available to finance coverage for the currently uninsured and maintain coverage for those already covered by Medicare, Medicaid and their offshoots is a fiscal nightmare over...

President Obama's national health care law will cost $1.76 trillion over a decade, according to a new projection released today by the Congressional Budget Office, rather than the $940 billion forecast when it was signed into law. Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO's standard ten-year budget window and, at least on paper, meet Obama's pledge that the legislation would cost "around $900 billion over 10 years." When the...

Today, the CBO released new projections from 2013 extending through 2022, and the results are as critics expected: the ten-year cost of the law's core provisions to expand health insurance coverage has now ballooned to $1.76 trillion. That's because we now have estimates for Obamacare's first nine years of full implementation, rather than the mere six when it was signed into law. Only next year will we get a true ten-year cost estimate, if the law isn't overturned by the Supreme Court or repealed by then. Given that in 2022, the last year available, the gross cost of the coverage...

No Economic Growth on Horizon, Just Massive Obama Tax IncreasesJuly 7, 2010 BEGIN TRANSCRIPT RUSH: Here's Obama. Another speech on the economy today at the White House. The president talking about the economy and jobs. It's nothing new. We've heard it since 2008. OBAMA: Growth won't come from an economy where prosperity is based on fleeting bubbles of consumption, of debt. You can't rely on paper gains. We've seen where that led us and we're not going back. If we want to once again approach full employment and fuel real economic growth, then we need an end to the policies...

Influential conservative commentator Charles Krauthammer is predicting that to pay for the unconstitutional mess known as Obamacare, Obama will have to push for a National Sales Tax within the coming year. In analysis delivered on the O'Reilly Factor, Krauthammer explained why he's certain that the Public Option—long denied by Obama and the Democrats as something we would see—is in fact here already, too, in the very bill Obama signed into law just yesterday. A sales tax is defined as a levy on the sale of goods and services, likely imposed at different levels of business activity; so it's really a...