Obamacare's Projected Premium Increases By State
At this point, you may remember with a grim chuckle the promises that were made about how ObamaCare was going to decrease your health insurance premiums and ‘ “cut the cost of a typical family’s premium by up to $2,500 a year”. BAout how if you liked your current health plan, you’d be able to keep it.
As I reported previously, over 7 million Americans are likely to lose their employer provided health care because complying with all the new regulations make it cheaper for many employers to pay the mandated penalty rather than pay the increasing health premiums and administrative costs.
The cost for a family of five, two adults and three children, the lowest level of coverage, the Bronze, is going to cost – wait for it – $20,000.
And if you’re middle class and don’t qualify for the ObamaCare subsidies your tax dollars are paying for, guess what? Your choices are to either cough up the $20,000 (or more if you need better coverage) per year or pay the IRS mandated penalty, capped at 2.5 percent of taxable income, or a minimum of $2,085.00 per family by 2016.
As the Heritage Foundation reveals, the news gets even grimmer if you manage to retain your employer provided healthcare. The new regulations and rules mandated by ObamaCare mean that your premiums will skyrocket.
According to a study by the House Energy and Commerce Committee, here are the projected increases, by state:
But what about the ObamaCare subsidies?
If you earn a middle class income – something like $100-200K in a state like California or New York,a lot less elsewhere – you’re ‘rich’ and won’t qualify, You’ll be the cash cow for everyone else. Because the money for the subsidies for people whom the government deems deserve it more than you and your family has to come from tax dollars. Or as Democrats like to call them, ‘revenues’.
Obamacare’s subsidies are estimated by the Congressional Budget Office to cost over $1.2 trillion over 10 years. And considering that the new CBO estimate is much higher than originally anticipated and that the Obama Administration wants to add millions of undocumented aliens to the rolls – all of whom will need to be covered and almost all who will qualify for the subsidy – expect that estimate to skyrocket as well. I’ve seen projections of up to $5 trillion, especially as more and more people are forced into one size fits all ObamaCare.
It is nothing less than a transfer of wealth and a rape of America’s middle class.
And believe it or not, there are still people who see President Obama as the ‘middle class warrior’ he painted himself as during the election, someone the exit polls showed these people think ‘cares about people like me.’
Over the next few years, these people are going to find out what a horrible mistake in judgment that was.
2013-03-18 11:00:52
Source: http://joshuapundit.blogspot.com/2013/03/obamacares-projected-premium-increases.html
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Humic & Fulvic Liquid Trace Mineral Complex
HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.
Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...
It’s OXYGENATED
It Always Tests at 9.5+ pH
Preservative and Chemical Free
Allergen Free
Comes From a Pure, Unpolluted, Organic Source
Is an Excellent Source for Trace Minerals
Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents
Highly Conductive/Full of Extra Electrons
Is a Full Spectrum Complex
Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.
Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.
I’m self-employed and self-insured. My premium has already doubled thanks to Obamacare. Another 80% increase will make it unaffordable. In addition, that 80% increase will make be eligible for the extra 40% “Cadillac Premium Tax” making insurance even less affordable.
This was never anything but a plot to destroy private insurance, except for the elites, and force everyone else into a highly intrusive and inefficient government system. Don’t think for a minute that with all the non-medical information Obamacare is slated to gather that government won’t use denial of care to control or kill off those who cling to their guns, God and Constitution.
Even when the SHTF and people go broke, they will still be worshipping this evil tyrant. Why? Because the mass hypnosis that was inflicted on everyone during the election has not worn off and is still in effect. Ever notice the mass hypnosis during Hitler’s reign and the propaganda machine? It’s the same.
It’s VERY hard for most people to see and admit they were wrong when they were pushing so hard for Obama.