Wednesday, October 8, 2014

The Real Pricetag for Obamacare

Now the employer mandate kicks in.

Massive increases in health insurance are now hitting companies and employees thanks to Obamacare.  The Wall Street Journal story on WalMart lays out the truth as opposed to the Obama Administration fictions.  30,000 part time employees lost their health care coverage this week at WalMart and the remaining employees faced a 20 percent increase in premiums.

It will get worse, much worse.

Not only will Obamacare cost the vast majority of working Americans massive amounts of increased costs in increased health care insurance premiums and dramatically higher deductibles, but, for almost everyone (who is not wealthy), there will be very few doctors and hospitals available, especially for the millions of Americans pushed onto the exchanges as Obamacare implementation unfolds.

The result: dramatically higher costs for the average American and declining availability of actual health care.  Same old story -- now you have insurance, but you no longer have health care.

The worst part is: employees are footing the bill, not employers, even though employers appear to be the payers.  They aren't.  The employees pay in fewer jobs and lower wages.

Meanwhile, Warren Buffett has it made.  He will never be forced onto the exchanges, nor will Obama, Hillary, George Soros, Mark Warner, Bill deBlasio, Harry Reid, Nancy Pelosi, etc., etc.  These folks are wealthy and will never be forced to face the indignities that are being forced upon lower and middle income Americans by the implementation of Obamacare.

The wealthy liberals really don't care about the disaster that is Obamacare because they personally will never: (1) pay for it; (2) be subject to it.  They are destroying the finest health care system in the world, but preserving their little ocean of prosperity and excellent health care for themselves.  Meanwhile, they condemn the poor and the middle class to the nightmare that is Obamacare.

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