Obama does NOT want you visualizing the effects of Obamacare
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Written by Robert Anderson
Analyst's note: Politicians talking about Obamacare is one thing, but just wait until you see the absolutely stunning hard facts in chart form. And you think the Range War in Nevada is bad ... just wait until the American citizens understand this one.
Obamacare will require employers to make changes to their health care plans Those with employer coverage might not be able to keep their existing plans either. The vast majority of businesses expect to make changes to their health care plans to comply with Obamacare’s regulations, and more than half of those anticipate the changes to be significant or drastic.
Premiums are higher in Obamacare exchanges: Age 27 Buying individual health insurance in the exchanges is generally more expensive than it was before Obamacare, especially for young adults. In 11 states, 27–year–olds will see premiums double or more.
Premiums are higher in Obamacare exchanges: Age 50 Buying individual health insurance in the exchanges is generally more expensive than it was before Obamacare. In 13 states, 50–year–olds will see premiums rise by 50 percent or more.
Premiums are higher in Obamacare exchanges: Family of four Buying individual health insurance in the exchanges is generally more expensive than it was before Obamacare. In 19 states, premiums for a family of four will increase by more than 10 percent.
Many Obamacare exchange plans come with higher deductibles In addition to premium costs, individuals must meet an annual deductible before coverage kicks in. Average individual deductibles in the 36 states with a federally run exchange are much higher than the average individual deductible for employer- sponsored plans in 2013.
Lack of competition in Obamacare exchanges More than half of U.S. counties have only one or two insurance carriers selling coverage in the Obamacare exchanges. This lack of competition means less choice for consumers and less market pressure to keep prices down.
Obamacare's new spending continues to grow Initial estimates for Obamacare’s spending on the Medicaid expansion and exchange subsidies counted only six years of spending. A full 10–year cost reveals nearly $2 trillion in new spending by 2024.
Millions will remain uninsured under Obamacare In 2024, after 10 years of full implementation and nearly $2 trillion in new spending, 31 million people will likely remain uninsured. Those who do gain coverage will do so primarily through Obamacare exchanges or Medicaid.
Who pays the Obamacare individual mandate tax? Nearly 70 percent of those projected to pay the Obamacare individual mandate tax earn less than 400 percent of the federal poverty level (FPL) ($45,960 for a single individual in 2013), and 10 percent live in poverty.
Obamacare's Medicare cuts will result in severe access problems for seniors By cutting Medicare payments instead of introducing real reform, the health care law jeopardizes seniors’ access to providers. According to the Medicare trustees, Obamacare’s scheduled reductions to provider payments will cause Medicare’s payments for health services to fall further below providers’ costs. This will cause providers to either withdraw from serving Medicare beneficiaries or shift more costs to their patients with private coverage.
Obamacare remains unpopular Opposition to Obamacare has hovered around 50 percent since early 2010. Over the past year, the law has grown even more unpopular.
