As President Barack Obama is attempting to steamroll yet another enormous policy change through Congress against the best interests of Americans, we would be well-advised to keep abreast of the frauds that are already being exposed about Obamacare.
Last week, reality dealt Obamacare twin blows -- not that Obama will care. An analysis inside his own administration and a report from New York state shed the grim light of reality on this monstrosity before its Draconian provisions have even gone into effect.
Economic experts at the Health and Human Services Department issued a report last week, conveniently after Obamacare was shoved through, finding that though more people will end up with health insurance (many of them against their will, of course), costs are going to increase. Shocker.
How could coverage not increase with the legal mandate forcing unwilling people to buy health insurance coverage? Today millions entitled to assistance don't avail themselves of it, but Obamacare will presumably be different because there will be a penalty for non-coverage -- an idea that Obama expediently mocked during the primary campaign.
But costs will also increase? I thought Obama promised to bend the cost curve down -- that he wouldn't add one dime to the deficit with Obamacare. But two dimes or a quarter are apparently a different matter.
The HHS analysis found Obamacare will raise projected spending by about 1 percent over 10 years -- and this is without even considering the impact of numerous gimmicks and camouflaged items, such as the Medicare "doctor fix." There are presently scheduled 21 percent cuts in Medicare reimbursements to physicians, but House Speaker Nancy Pelosi has promised that they won't be implemented. What a sham!
The report also revealed that Obamacare could drive 15 percent of hospitals into the red and possibly jeopardize access to care for seniors.
Meanwhile, The New York Times reported last week that New York's experience with provisions that parallel Obamacare do not portend well for Obamacare.
According to the Times (it's amazing it admitted this): "New York's insurance system has been a working laboratory for the core provision of the new federal health care law -- insurance even for those who are already sick and facing huge medical bills -- and an expensive lesson in unplanned consequences."
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