The Train Wreck continues

Nov 26, 2013 Full story: Business of Life 7

Their losses would be in addition to the millions who found their individual coverage cancelled for the same reason.

Full Story
durbin was right

Winchester, KY

#2 Nov 30, 2013
The Train Wreck continues

Yet, more on the continuing disaster of Obamacare

You can keep your health plan

Almost 80 million with employer health care plans could have coverage canceled, experts predict

Their losses would be in addition to the millions who found their individual coverage cancelled for the same reason.

Stan Veuger of the American Enterprise Institute said that in addition to the individual cancellations, "at least half the people on employer plans would by 2014 start losing plans as well." There are approximately 157 million employer health care policy holders.
---
According to projections the administration itself issued back in July 2010, it was clear officials knew the impact of ObamaCare three years ago. In fact, according to the Federal Register, its mid-range estimate was that by the end of 2014, 76 percent of small group plans would be cancelled, along with 55 percent of large employer plans.

Average insurance costs would drop $2500/year.

Health Premiums Up $3,065; Obama Vowed $2,500 Cut


The new line is that the health-care law will save money. That's also not true.

According to health-care actuaries at the Centers for Medicare and Medicaid Services, health-care spending will begin spiraling upward again starting next year, as the Affordable Care Act takes full effect. It will reach $5 trillion in 2022, or 20% of GDP, or $14,664 per capita. By 2022, ObamaCare alone is projected to increase cumulative health spending by roughly $621 billion, according to CMS.
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CMS actuaries find that any positive effects of the ObamaCare delivery system experiments on the cost of health care "remain highly speculative." When they compare their September 2013 projections with earlier estimates in April 2010, these actuaries find that the law would increase national health spending higher than previously expected by an additional $27 billion in 2019 alone.

http://www.estatevaults.com/bol/archives/2013...

“To contract new debts...”

Since: Apr 08

is not the way to pay old ones

#4 Dec 8, 2013
Now he's turned the insurance agents in CA into telemarketers for Obamacare.
dontknow

Annville, KY

#5 Dec 8, 2013
Hunglo wrote:
Now he's turned the insurance agents in CA into telemarketers for Obamacare.
If I was guessing CA voted the dumb ass in not once but twice. I didn't vote for him either time. You can look at him and know that he is all about himself and not the people. Washington needs to get their head out of their asses or Obama's ass and change this crap around.

“To contract new debts...”

Since: Apr 08

is not the way to pay old ones

#6 Dec 8, 2013
dontknow wrote:
<quoted text> If I was guessing CA voted the dumb ass in not once but twice. I didn't vote for him either time. You can look at him and know that he is all about himself and not the people. Washington needs to get their head out of their asses or Obama's ass and change this crap around.
Given that he used his own initials to name his dog, ya think he's a little conceited. The 2012 election was bought and paid for with food stamps and bullsh!t.
QUITTNER

Toronto, Canada

#7 Dec 8, 2013
8:37 am, Sunday, December 8, 2013:
RE: The Train Wreck continues
Hunglo wrote:
<quoted text>
The 2012 election was bought and paid for with food stamps and bullsh!t.
..... And what, do you think, will the 2014 and 2016 elections be paid with?

“To contract new debts...”

Since: Apr 08

is not the way to pay old ones

#8 Dec 8, 2013
QUITTNER wrote:
8:37 am, Sunday, December 8, 2013:
RE: The Train Wreck continues
<quoted text>
..... And what, do you think, will the 2014 and 2016 elections be paid with?
More of the same

“To contract new debts...”

Since: Apr 08

is not the way to pay old ones

#10 Dec 8, 2013
Blue Boy wrote:
<quoted text>
Yen!
Actually the currency in China is the Renminbi.

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