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Top Five Ways Obamacare Crushes the Middle Class

Posted: June 3, 2012 at 9:00 am   /   by

Useful information from Heritage:

1. More taxes.

Obamacare imposes $502 billion of new or increased taxes and fees.  more

Didn’t Obama promise that this wasn’t a tax (except when arguing in front to the Supreme Court, when it had to be justified under Congress’ taxing power)?

 

2. Loss of existing coverage.

As many as 35 million people could lose their existing coverage because of Obamacare. more

Didn’t Obama tell us that if we liked are existing coverage, we could keep our existing coverage?

 

3. Higher premiums. Americans who purchase coverage in the new Obamacare exchanges will find that health insurance is still very expensive. American Enterprise Institute resident scholar Scott Gottlieb, MD, explains, “For a family of four, premiums on even one of the lower priced ‘silver’ options could still cost more than $15,000 annually on the exchanges.” more

Wasn’t Obamacare supposed to save us all money?

 

4. Rising health care costs. As premiums and overall health care costs continue to rise, middle-class families, including those receiving a subsidy, will be left paying more. Beginning in 2019, Obamacare’s cost-containment strategy for the exchanges is to hold the total cost of the subsidies to 0.504 percent of GDP. Charles Blahous, a Medicare trustee, concludes that “this limitation would likely cause the federal subsidies to grow less rapidly over the long term than the cost of health care and thus require low-income individuals in the exchanges to shoulder a steadily increasing percentage of their health costs.” more

Once again, it is the people whom adherents of left-wing principles always claim to be looking out for who are hardest hit.

 

5. More government control of health care. Obamacare transfers massive authority over to the Secretary of Health and Human Services and expands the role of government in delivering care and coverage. more

Remember “If you like your doctor, you can keep your doctor”?

Sure, except when the government decides that there are too many doctors in your town and tells your doctor that in order to continue practicing medicine, s/he needs to move to Minot, ND, or somewhere in the bayous of Louisiana, or anywhere else they darned well feel like telling him to move. Sound far-fetched? That’s what they do in other government-run health care systems. Think we can’t get there someday too?

Think again.

Christopher Cook
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Christopher Cook

Managing Editor at Western Free Press
Christopher Cook is a writer, editor, and political commentator. He is the president of Castleraine, Inc., a consulting firm providing a diverse array of services to corporate, public policy, and not-for-profit clients.

Ardently devoted to the cause of human freedom, he has worked at the confluence of politics, activism, and public policy for more than a decade. He co-wrote a ten-part series of video shorts on economics, and has film credits as a researcher on 11 political documentaries, including Citizens United's notorious film on Hillary Clinton that became the subject of a landmark Supreme Court decision. He is the founder of several activist endeavors, including AnyStreet.org (now a part of Western Free Press) and Liberatchik.com. He is currently the managing editor of and principal contributor to WesternFreePress.com.
Christopher Cook
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Top Five Ways Obamacare Crushes the Middle Class