This fabulous surprise does not stop in 2015! There is much more where this 41 percent increase comes from! Over the next four years, “the statutorily mandated Obamacare fees are expected to double again”, according to the investigation done by the Daily Caller News Foundation.
The tax was buried by congressional authors in section 9010 of the law and was envisioned as a way to raise future funds to pay for Obamacare.
The statute calls this an “annual fee”, but in reality it is an excise tax, according to healthcare economists. Those who the “Affordable Care Act” is supposed to help the most, the poor and elderly, will be terribly impacted by this “annual fee”. The estimates for Medicare Advantage would cost seniors $360 more this year. Medicaid managed-care enrollees will be expected to face increases of $152, according to the firm.
But wait, there is more! Read the rest of the story at the Daily Caller.
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Obamacare is a wolf in sheeps skin, designed to hurt America not help