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7 Million To Lose Health Insurance

Mike

Well-known member
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.
With other spending cuts and tax increases called for in the health law, though, CBO still says Mr. Obama's signature achievement will reduce budget deficits in the short term.
During the health care debate Mr. Obama had said individuals would be able to keep their plans.


Read more: http://www.washingtontimes.com/blog/inside-politics/2013/feb/5/obama-health-law-will-cost-7-million/#ixzz2K4uxpatk
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hypocritexposer

Well-known member
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.


Sounds like they consider people making less income, a positive.
 

Steve

Well-known member
because of a better method for calculating incomes that found more people will be exempt.

wow, that is a nice way to say they changed the rules so it didn't look so bad...


just calculate it differently..
yep if they lower the basket on the court to about 8 feet more people could dunk a ball...
 

okfarmer

Well-known member
Does this include the insurance companies that are folding?

Maybe OT will come along and inform us all. He is an expert you know.
 

Traveler

Well-known member
During the health care debate Mr. Obama had said individuals would be able to keep their plans.

Yeah, yeah, it's okay for Muslims to lie.

All part of the overall plan to move to socialized medicine. Many thought they were being dazzled with thousands of pages of brilliance, when they were really just baffled with bullsh_t.
 

Mike

Well-known member
Traveler said:
During the health care debate Mr. Obama had said individuals would be able to keep their plans.

Yeah, yeah, it's okay for Muslims to lie.

All part of the overall plan to move to socialized medicine. Many thought they were being dazzled with thousands of pages of brilliance, when they were really just baffled with bullsh_t.

WE TOLD YOU SO!!!!!!!!!!!!!!!!!!!!!!!!!!!! :lol:
 
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