Aside from the well-known lie that you can keep your health plan if you want, Obamacare is going to cost BILLIONS more than originally projected.
So Obamacare is now supported by unsustainable debt spending.
e large subsidies for health insurance that helped fuel the successful drive to sign up approximately 8 million Americans for coverage under the Affordable Care Act are on track to cost billions of dollars this year, a new federal report indicates.
Nearly nine in 10 Americans who bought healthcare coverage on the federal government’s healthcare marketplaces received government assistance to offset their premiums.
June 18, 10:30 a.m.: Because of an error in calculations, a previous version of this article incorrectly stated that a new federal report indicates that the cost of insurance subsidies under President Obama’s healthcare law may be running above current projections. The figures in the report actually suggest that the cost of the subsidies is roughly in line with current projections from the Congressional Budget Office.
That assistance helped lower premiums for consumers who bought healthcare coverage on federal marketplaces by 76% on average, according to the new report from the Department of Health and Human Services.
Premiums that normally would have cost $346 a month on average instead cost consumers just $82, with the federal government picking up the balance of the bill.
One man should not have this much power. To pass unconstitutional laws, To assume powers not delegated, and appoint so very many heads of unconstitutional federal agencies.
I voted for the American.
https://www.youtube.com/watch?v=-z3HhnyCXlM
Obama is out to destroy America as we know it..
After President Obama promised that passage of the Affordable Care Act would not raise taxes one more dime and would not increase our national debt we are now finding out that Democrats new all along that additional taxes could be required to bailout Obama’s failed namesake healthcare policy, Obamacare. Authority for a “risk pool” bailout was included in the ACA by Democrats as a ploy to pass the ACA while disguising what the actual cost of Obamacare on US taxpayers could be. The Obama Administration’s decision to withhold the actual demographic numbers of Obamacare enrollees is another indication of the alarming failure of Obamacare. President Obama knows that the actual demographic numbers are disastrous to his regime and the chances for Democrats to be elected in the midterm election. However, to bailout the insurance industries to the tune of billions of additional American tax dollars before the midterm elections is all the proof needed to affirm that Obamacare has been a complete failure from the beginning and that the Obama Administration deliberately lied to the American people about the actual cost of Obamacare and withheld valuable demographic enrollment numbers that would have proven that Obamacare is not a self sustaining healthcare system without substantially raising insurance premiums or taxes. The only reason for bailing out Obamacare right now is to prevent insurance companies from raising premiums on voters right before midterm elections. Where is the outcry from the main street media or will they remain sitting on their
he’s out of control
….. and y’all are letting him do it too, Carrie Constantino!!
They are managing to sustain it quite well.
OBAMA JUST HAS A HUGH PROBLEM TELLING THE TRUTH
STOP THIS POS…..