Free Markets, Free People

ObamaCare – the numbers are in

“It’ll save the average family $2,500 a year!”  That was the promise.  Here’s the reality:

… It will cost the federal government – taxpayers, that is – $50,000 for every person who gets health insurance under the Obamacare law, the Congressional Budget Office revealed on Monday.

… The numbers are daunting: It will take $1.993 trillion, a number that looks like $1,993,000,000,000, to provide insurance subsidies to poor and middle-class Americans, and to pay for a massive expansion of Medicaid and CHIP (Children’s Health Insurance Program) costs.

Offsetting that massive outlay will be $643 billion in new taxes, penalties and fees related to the Obamacare law. …

Enjoy!

~McQ

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16 Responses to ObamaCare – the numbers are in

  • Goofd moring, boys and girls, and welcome to the neighborhood!

    Our words of the day, boys and girls, is “Cloward-Pivin”…can you say “Cloward-Pivin”? Sure you can!

  • But….but….64% of us us believe we should provide the subsidy if the Supreme Court throws out the law in the Halbig decision according the Kaiser Family Foundation poll taken recently.

    Never mind that alleged support for Obamacare nationally supposedly runs at 37% according to a November poll (Gallup) in 2014.

    Yep, 64% of us believe we should subsidize a plan that only 37% of us approved of two months ago.
    Must be because Obama lowered gas prices and defeated ISIS.

  • In no DECADE of my life has my health-care cost anything LIKE $50,000.

    In my sixth decade of life, the last FOUR decades of my life have never seen that much expended on health-care. (I know, because I pay my own bills).

  • So, for my family of 5 (me, wife and three children), the bill for a year would be a quarter of a freaking million dollars. I happened to receive my W-2 today and the same five people were insured through my job at approximately 10% of that amount. Our plan is not the best on the market, but it certainly is not as bad as some of the silver or gold plans you can get with Obamacare.

  • Really, we don’t believe anything they tell us anyway, why are we buying into the $50,000 figure?

    And since when they DO lie, they always lie in a way that makes it look better than it really is….
    So we should suspect that it’s really even MORE, given the way the government has taken to lying about practically everything.

  • Who knew there were so many sterile, inbred, racist rednecks suffering from ODS down at the CBO?!?

    • Oh, yeah

      The CBO is famous for requiring a genetic test to show your degree of inbreeding. And they have a special screening battery for racism. You don’t have to be sterile when you apply, but it has to be shown during your probationary employment.

      True story…

  • Interesting thing — the original article on this CBO report comes from the Daily Mail – a *British* newspaper. Breitbart and conservative bloggers are repeating it, but the original source is from England. Our LIV’s, dependent on America’s Left-wing alphabet-soup “news affiliates” (broadcast TV and local newspapers), are getting less than cricket-chirps about this from our MF-MSM.

    Remember back when Obamacare was being “sold” to us? All the talk about the 40 million uninsured Americans who would now be covered, All Praise Obama’s Holy Name??? The Daily Mail says the CBO now predicts that between 29-31 non-elderly American still will be uninsured. HOW MANY TRILLION DOLLARS **WASTED**, to provide “health insurance coverage” for -at most- 11 million people??????????

    Everybody involved with foisting this monstrosity of a scam upon our Republic, INCLUDING THE CURRENT REPUBLI-SHMUCKS WHO ARE HOPING TO “FIX” RATHER THAN DESTROY OBAMACARE, should be facing a hangman’s noose, a firing squad, or a guillotine. (IMHO)

    *******
    Additional comment to Curt, above: like most CBO scoring, this is based over a 10-year period.

    • I often find more out about what’s going on in the US from British sources than I do American sources.

      The Brit sources don’t pretend they’re objective, so you know exactly what you’re dealing with from the get go.

  • I hasten to point out that the $50,000 figure is spread over 10 years, making the annual cost $5,000. Still not the $2500 savings, but not nearly so outrageous.

  • You guys should read the comments at Connie Shultz’s Facebook page on this subject. To them, it all comes down to resources, and how the resources are allocated or distributed. What a bunch of leftist morons.

    https://www.facebook.com/schultz.connie?fref=ts

    • Why do I bet they’re not really open to having their stuff distributed.
      I bet their stuff is special, and they worked hard for it.

      • No, see, their stuff is personal property and thus sacrosanct — they want to redistribute private property…which coincidentally happens to be your stuff…

        • I recall something to that effect when the “Mad Hatter’s tea party” known as Occupy Wall Street, was running around complaining about wealth.
          They were real big on ignoring the wealth indicated by designer clothes and I-Phones, I-pads, lap tops, etc.
          As you say, it was very much personal property and they weren’t self aware enough to understand what utterly hypocritical asshats they were being.

  • The CBO report devotes an entire chapter to the nation’s newest entitlement, ObamaCare, presenting three distressing facts on the programs next five years:

    • The cost of subsidies on the exchanges will more than triple, from $32 billion to $106 billion in 2020.

    • Over the same period, federal Medicaid costs (also goosed by the ObamaCare law) will double.

    • Despite all the spending, 30 million people will still be uninsured. That’s more than the number the law helps.

    Worst of all is this new CBO prediction: Some 9 million to 10 million people will lose their employer-provided coverage in the next three years. Some will wind up on Medicaid, others in subsidized exchange plans.

    http://nypost.com/2015/01/29/a-grim-warning-cry-on-soaring-us-debt/

    Ticking like a well-built time-bomb from the skilled watchmakers of Cloward-Piven.