Thursday, December 10, 2015

ObamaCare Fails To Save Families $2,500 a Year

In 2008, while running for the presidency, the then-Senator Barack Obama said his healthcare reform plan would save the average family $2,500 a year. Then, in December of 2009, after emerging from a meeting with the Senate Democrats on the progress of his health plan, he said this: "We [he and the Senate Democrats] agree on reforms that will finally reduce the costs of health care."

Over the years since making those statements, there was never any proof that his claims of savings were simply lies in order to sell his takeover of healthcare in this country.  That is, until last week.  That's when the Obama Administration reported that, in 2014 and the first year of the individual mandate, healthcare expenses had risen the most, percentage-wise, since Obama took office.  But, putting percentages aside, the dollar amount increase in 2014 was the largest single-year increase in 54 years; rising $151.4 billion dollars from $2.879.9 trillion in 2013 to $3.031.3 trillion in 2014.  That also reflects a half-trillion dollar increase in this nation's healthcare costs since Obama took office.

To put that $151 billion increase into perspective, you need to understand that this amount equals $526 dollars for every one of the 287 million men, women, and children who were insured in 2014 (the population of 320 million people less the 33 million who were still uninsured in that year).  Thus, an average family of four saw their expenses for healthcare rise by $2,100.  Almost the complete opposite of the $2,500 a year drop that Obama promised.

The string of broken promises associated with ObamaCare just keeps getting longer and deeper. In essence, ObamaCare is imploding on itself and making healthcare access more limited, and the costs substantially higher. This thing needs to be repealed.


References:

Barack Obama '8: BARACK  OBAMA’S  PLAN FOR A  HEALTHY  AMERICA: http://www.nytimes.com/packages/pdf/politics/factsheet_healthcare.pdf

Obama said health care reform will reduce the cost of health care: http://www.politifact.com/truth-o-meter/statements/2009/dec/18/barack-obama/obama-said-health-care-reform-will-reduce-cost-hea/

Health Care Spending Grew at Fastest Pace Since Obama's Presidency:  http://news.yahoo.com/health-care-spending-grew-at-fastest-pace-since-obama-s-presidency-214929362.html

US Health Care Costs Surge to 17 Percent of GDP: http://www.thefiscaltimes.com/2015/12/03/Federal-Health-Care-Costs-Surge-17-Percent-GDP



1 comment:

Richard C. Lambert said...

The string of broken promises associated with ObamaCare just keeps getting longer and deeper. In essence, ObamaCare is imploding on itself and making healthcare access more limited, and the costs substantially higher. This thing needs to be repealed.how do i sign up for obama care