Thursday, September 15, 2011

OBAMACARE

When discussing the recent government overhaul of America's health care system, one needs to look at it through the prism of this video where Obama states how a public insurance option will lead to a single-payer health care system-- or a government run health care system that "will control the people" in the words of another politician.

Aside from the fact that the new health care law will entice employers to drop their health care plans for their employees:
'Now, it should surprise no one that more and more companies are exploring the possibility of dropping their employee health coverage in 2014. A new study from the benefits-consulting firm Towers Watson finds that nearly 10 percent of midsized to large companies are seriously considering doing just that, and another 20 percent are thinking about it. Still others don't know. 'Many are uncertain how they will respond to the looming impact of state-based insurance exchanges in 2014,' says Towers Watson.
Obama did say that this would happen in the video above.

And there is some new information about parts of Obamacare. It appears that a part of it was know to be "fiscally unsustainable" before it was passed:

Administration officials knew before they even passed the CLASS Act that the voluntary long-term care insurance program it created would be fiscally unsustainable, a new report from select House and Senate Republicans shows.
Obamacare will be one of the most lasting legacies of Obama's presidency that will "fundamentally transform" America: it will transform the relationship between the individual and the government in a profound way and will change the character of the American people by making them look to the government to meet one of their most basic needs. It will also create another unsustainable entitlement program that will bankrupt America and help to "collapse the system". It is one more reason that Obamacare should be completely repealed.

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