Obamacare reality rears its ugly expensive head

March 15, 2012 08:15


It costs triple what they said. Remember when Pelosi said we have to pass the bill so we can see what’s in it? Now we are seeing what is really in it. You can’t keep your doctor or your health plan after all. Your premiums will skyrocket. There really will be death panels. Businesses will be forced to provide free abortion pills in health plans even if they are religious businesses. And now it will cost three times as much as they told you. Oops! You’ve been had America.

 

Fox News reports:

“In a largely overlooked segment of the CBO’s update to the budget outlook released Tuesday, the independent arm of Congress found that the bill will cost $1.76 trillion between now and 2022.

That only counts the cost of coverage, not implementation costs and other changes.

“The bill spends more than the president promised, it covers fewer people — probably 2 million fewer people — and it taxes more than was expected,” said Sen. Jeff Sessions, R-Ala., ranking member on the Senate Budget Committee.

The first estimates of the cost of the health care bill included three years before the bill even took effect, so there was little or no spending, making the full 10 years look less expensive. Sessions notes that the $1.76 trillion estimate includes only the costs of coverage, not implementation and other costs. He argues that all those drive the price up even further over the first full 10 years of the law.

“The full accounting of the bill is $2.6 trillion. That’s a fair and accurate analysis of what the bill would cost, according to CBO,” Sessions said, noting how the cost dwarfs the fight over the 10-year debt reduction plan debated last year.”

 

It was never really meant to work anyway. The plan has always been to drive insurers out of business and force a government directed socialized medicine on everyone. That is what Obama and socialist Democrats have espoused and Obamacare was just the vehicle to get America down that road.

Investors Business Daily points out that even HHS secretary Sebelius knows the plan:

“Testifying last Wednesday in front of the House Ways and Means Committee, Sebelius was asked by Rep. Peter Roskam, R-Ill., if the administration was being honest when President Obama promised that those who liked their health plans could keep them.

Said Sebelius: “The private market is in a death spiral.”

Sebelius tried to temper her comment by claiming the private insurance market would collapse even if the Patient Protection and Affordable Care Act had not been passed. But the truth is, the market cannot survive under the growing weight of government, and Obama-Care was to be the final heavy load that will crush it.

Yes, the health insurance industry might indeed survive ObamaCare. But its form won’t be recognizable. It will no longer a competitive industry, but rather a cartel managed and protected by the government.”

The only way to avoid socialized medicine at this point is to throw Obama out in 2012 and replace enough socialist Democrats in the senate to repeal the whole bill.

 

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