Romney’s Health Plan Leaves 72 Million Uninsured: Study

The Association of American Physicians and Surgeons (AAPS) pointed out that there are no redeeming provisions of Obama's health care plan. AAPS observes that Obama's health care plan will significantly increase the overall cost of health care for a majority of United States citizens, plus reduce the quality of care that a free market system would otherwise provide.

ObamaCare will do more than detrimentally impact healthcare accessibility. ObamaCare will cost 650,000 U.S. jobs if it is not repealed. The Congressional Budget Office says the figure would be more than 800,000 people would lose their jobs.

President Obama pledged to the public that under his health care plan, people would be able to keep the health insurance they have. However, Obama administration officials estimate that as many as 80 percent of small employers will be forced to drop their current health insurance plans.

Medical Device Tax- $20 Billion increase: Obamacare imposes a new 2.3 percent excise tax on gross sales – even if the company does not earn a profit in a given year. In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to prosthetics more expensive.

Special Needs Kids Tax – $13 billion increase: The 30-35 million Americans who use a Flexible Spending Account (FSA) at work to pay for their family’s basic medical needs will face a new government cap of $2,500, currently the accounts are unlimited under federal law, though employers are allowed to set a cap. One group of FSA owners for whom this new cap will be particularly cruel are parents of special needs children. There are several million families with special needs children, many of them use FSAs to pay for special needs education. Tuition rates can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. This Obamacare tax provision will limit the options available to these families.

Medical Itemized Deductions – a $15.2 billion increase: Currently, those Americans facing high medical expenses are allowed a deduction to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). This tax increase imposes a threshold of 10 percent of AGI. By limiting this deduction, Obamacare widens the net of taxable income for the sickest Americans. This tax provision will most harm near retirees and those with modest incomes but high medical bills.

 

could be which is why Obama and Obamacare are such miserable failures.
you know I argued that Obama Pelosi and Reid had told the wall street buddies who own the Insurance companies (and buffett) to go to hell we would have had single payer... but instead they let the insurance industry write a ridiculous bill and taxed the hell out of the middle class.

 

you are not much of a thinker are you? if we agreed tomorrow that single payer should be made available which side would be more likely to go along?

 

Obamacare is huge gift to health insurance companies.

-- Demand for healthcare will increase dramatically.

-- Very little increase in supply.

-- No effective way to control costs.

End Result: massive increases in health insurance premiums.

Can you hear that cackling? That's the sound of healthcare executives laughing all the way to the bank.