by: Trent Derr - American Exceptionalism
When you examine Obamacare in detail, you find that the facts of the legislation contradict most of the selling points that the Liberals used as their basis for voting for the bill.
#1 – 18 Million People Added to Medicare while Cutting $500 Billion from the Program
Obamacare claims to cover 34 million new individuals with insurance. The primary approach that the legislation uses to cover the uninsured is to expand the number of people under Medicare. Yes, Medicare. The same Medicare that was already scheduled to go bankrupt by 2017 before Obamacare passed. The new legislation will add 18 million people to Medicare while reducing funding for Medicare by $500 billion. Thus there is no choice but to reduce benefits to the existing Medicare recipients. Given that more than half of the doctors in the United States do not accept Medicare, the further constraint of doctor availability will be another form of institutionalized rationing.
#2 – 17.1 Million Individuals with Private Insurance Will Lose Their Existing Coverage
Although more people are covered under Obamacare, the plan also causes a major redistribution of how individuals are covered for health care. 1.4 million citizens will lose their employer sponsored coverage and 15.7 will lose their other private coverage while they are shifted to either Medicare, “exchanges” under the plan, or will become uninsured. Yes about 1 million individuals with insurance today will become uninsured and have no coverage under Obamacare. So the economics of Obamacare will cause at least 17.1 million Americans to lose their existing coverage under Obamacare although the President assured us all that we would be able to keep our existing plans. Continue...
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