Posted on 06/16/2014 3:19:59 PM PDT by PoloSec
They say it’s better to ask forgiveness than permission. Well, with the passage of Obamacare, the left didn’t really ask for permission or forgiveness. They just made lots of promises they didn’t intend to keep, and then the kind of acknowledged that maybe they overstated the benefits of the Affordable Care Act. To them, it’s still awesome and “beautiful.”
If you’re still wondering whether Obamacare has lowered health care premiums, Chris Jacobs has the scoop in his latest WSJ Think Tank blog post:
[D]uring the 2008 presidential campaign, Barack Obama promised on numerous occasions that his plan would “cut costs” and “lower your premiums” by $2,500 per year for the average family. Ironically, the foundation for Mr. Obama’s promises rests in a memo released by three consultants to the 2008 campaign—one of whom, David Blumenthal, now heads the Commonwealth Fund.
Since the law was enacted, Commonwealth and other supporters, while saying that Obamacare would mitigate premium increases, have largely failed to address the earlier promise that the law would reduce them outright. Another author of the 2008 memo, David Cutler, said in 2012 that, in retrospect, Mr. Obama made “occasional misstatements” when pledging that premiums would fall by $2,500 annually. In August 2012, PolitiFact rated that premiums pledge a “promise broken.”
Supporters of the law started out saying that Obamacare would reduce premiums in absolute terms. Now, backers say that the law will lower premium increases relative to what they would have been without the law—a tougher metric to quantify and a more difficult measure of success to sell politically. This is another example of how in Washington, where one stands on an issue frequently depends upon where one sits.
My accountant just advised me of an $1,188 Hospital Insurance Tax. I’m self-employed, have a huge deductible, nothing like a cadillac plan.
Surprise!
We had a health care meeting last week at my company. The premiums for smokers are going to triple. They didn’t yet say how much they will go up for the rest of us. Obama will get his wish........and we will all be subject to the Government’s whims and rationing of health care. I really wish that only those who voted for Bammy would have to live within the confines of Obamaland.
Yes but this is on TOP of all that you referenced.
Major bummer.
That’s awful.
>> $1,188 Hospital Insurance Tax
State of Fed?
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