Friday, October 4, 2013

ObamaCare - Just More Redistribution Of Income

Aside from the income taxes paid by the 50% of Americans that pay all the income taxes in the United States, ObamaCare is just one more Socialist Scheme to redistribute income.  Obama was determined to provide health insurance for his PEEP's, low income Americans and or those on the dole for little, or nothing.   The fact that those in the Middle Class, young people, private sector Union Members and Senior Citizens would have to pay more for their health insurance and medical care to provide medical insurance to Obama's PEEP's was of no concern to Obama and his Socialist pals in Congress.  

So now, millions of other Americans will lose their health care coverage as companies reduce benefits and or make more jobs 29 hour part time employment to avoid the need to provide health insurance at all.  And, for those that do buy health insurance privately, or through their companies; but will not qualify for subsidies on the State or Federal Exchanges, premiums are going up substantially because of all the "mandated free services and benefits".   Everyone but Obama knows that there is no free ride.  Somebody has to pay the bill for all the those that will get free, or highly subsidized health insurance. 

So when Obama said, if you like your doctor, you can keep your doctor, or if you like your current health insurance, you can keep your current health insurance, he either lied to the American people and or was just clueless about medical benefits.   Now the S--T has hit the fan.   Insurance companies are sending out millions of cancellation letters and or letters informing their customers that premiums are going up substantially.   Since ObamaCare did nothing to bend the cost curve, companies are reducing benefits, raising deductibles and or the share of the premium the employee must pay.   ObamaCare is a train wreck.   In the month's ahead we will see all the casualties from this monstrosity.   

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