Obamacare Update: Millions To Lose Healthcare, Work Hours As Insurance Rates Skyrocket

Millions Of Americans Set To Lose Healthcare And Work Hours Thanks To Obamacare – Gateway Pundit

WHAT WERE DEMOCRATS THINKING? Why were they so determined to push this on the American people?

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Barack Obama repeatedly told the American public and his union supporters, “Nothing in this plan will require you or your employer to change your coverage or your doctor.”

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But that was a lie.

Millions of Americans will lose work hours, millions more will lose their healthcare, thanks to Obamacare.

Democrats are panicked and trying to suppress the cost and confusion of Obamacare.

The Washington Post reported:

I don’t know if Members of Congress will be hearing about it in town hall gatherings and other meetings back home over the Fourth of July recess, but the rolling thunder of the approaching ObamaCare train can be heard in the distance. Smart Democrats are beginning to get frantic about the need to suppress the confusion and hide the cost of ObamaCare between now and the 2014 midterm elections. We are just three months away from the October 1st enrollment start date and so far, nothing about the ObamaCare implementation process should be politically encouraging for Democrats. In fact, the more people learn about ObamaCare, the more frightened they become.

Right now, small businesses across America are making the final determinations on how to reduce the working hours of their employees so fewer employees qualify for the mandated, employer-provided health insurance. Employers are also deciding whether it makes more economic sense to pay a fine to the government or pay for healthcare benefits for their employees. What this means is that hundreds of thousands – and perhaps even millions – of Americans will learn that they are being dismissed from their employer’s healthcare coverage.

The healthcare pink slips will start raining down in late summer and early fall. This will push people into the healthcare exchanges, where, in some cases, people will be writing health insurance checks for the first time. And in many cases, people will be facing increased health insurance costs, particularly if they are young and healthy. The negative effects on personal income and the overall economy will be undeniable. Sometime next year, before the elections, the penalties associated with not having or providing health insurance will begin to pour in. Will the fines come in the mail? Will you be able to appeal? What happens if someone doesn’t pay? No one knows. Or, no one who knows is talking. The consequences of ObamaCare are being hidden.

There probably has never been a more destructive law pushed on the American public causing so much economic pain and confusion as Obamacare.

And, you can thank Democrats 100% for this disaster.

Click HERE For Rest Of Story

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Related article:

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Health Insurance Rates May Double, Triple For Healthy Americans – Big Government

According to a new Wall Street Journal analysis, healthy Americans may see their health insurance rates double or triple upon Obamacare’s January 2014 grand opening.

Insurance premiums for sicker Americans will become less expensive as healthier Americans are forced to buy coverage or additional coverage to what they currently have or face government fines and penalties.

The Journal examined figures from eight states to demonstrate the cost increases for healthier Americans.

Virginia is one of the eight states examined by the Journal and offers a fairly typical picture.

In Richmond, a 40-year-old male nonsmoker logging on to the eHealthInsurance comparison-shopping website today would see a plan that costs $63 a month from Anthem, a unit of WellPoint Inc. That plan has a $5,000 deductible and covers half of medical costs.

By comparison, the least-expensive plan on the exchange for a 40-year-old nonsmoker in Richmond, also from Anthem, will likely cost $193 a month, according to filings submitted by carriers.

Conversely, premiums will be next to zero for a 40-year-old Virginian whose income was near the poverty level ($11,490 for a single person) due to a $234 a month government subsidy.

Click HERE For Rest Of Story

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