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Seven Million People Will Lose Their Health Insurance Under ObamaCare

February 5, 2013

Here’s what Obama said in July of 2009…

“Let me be exactly clear about what health care reform means to you,” the president told residents of the Garden State. “First of all, if you’ve got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan. Nobody is talking about taking that away from you.”

Today, the Washington Times reported…

Seven million will lose insurance under Obama health law

President Obama’s health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.

CBO said that this year’s tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they’ll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.

But the non-partisan agency also expects fewer people to have to pay individual penalties to the IRS than it earlier projects, because of a better method for calculating incomes that found more people will be exempt.

Overall, the new health provisions are expected to cost the government $1.165 trillion over the next decade — the same as last year’s projection.

Turns out Nancy Pelosi was right all along…

2 Comments leave one →
  1. gene willis permalink
    November 7, 2013 7:30 pm

    people losing thier healthinsurance .but wonder why?lets see,election of obama 2008.obama passes the hate crimes act and then the health care actin 209..he has lied and distorted the truth from 08 to 012.and yet,the blacks voted him in because he’s black.the young whites voted him back in because they refuse to listen to political lies and all the political pandering obama was fact,the blacks,latinos and all the young whites of this country cut thier own throats.lets see if these people wioll still be worshiping obama mighty name when they are in jail for not having money to pay for thier lord and masters obama care.and they said us old white people didnt know nothing.

  2. gene willis permalink
    November 7, 2013 7:33 pm

    hey,young people including blacks,where are you going to get the money to help support you’r lord and master obama care?especialy when there are very little jobs to be had.and they said,old white people didnt know nothing.

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