What is the ugly truth about Obamacare?

“It was a bold response to skyrocketing health insurance premiums. President Barack Obama would give federal authorities the power to block unreasonable rate hikes,” reports the Associated Press. “Yet when Democrats unveiled the final, incarnation of their health care bill this week, the proposal was nowhere to be found.” “This is a very good bill for insurance companies and pharmaceutical companies,” said Rep. Stephen Lynch, a Democrat, on Thursday. “The insurers still rule,” Lynch added. “Were just pumping subsidies into the current system, but that won’t drive down costs.” In December, Howard Dean, the former Democratic National Committee Chairman, said the legislation before Congress “is a bigger bailout for the insurance industry than AIG.” Dean characterized it as “an insurance company’s dream.” Do insurance companies hate Obamacare as Democrats insist? Not at all. This bill is almost identical to the plan written by AHIP, the insurance company trade association, in 2009. The original Senate Finance Committee bill was authored by a former Wellpoint VP. Since Congress released the first of its health care bills on October 30, 2009, health care stocks have risen 28.35% When $130 million was needed in 2009 to balance the Massachusetts state budget, the Connector – with the blessing of MA Gov. Deval Patrick and the MA legislature – removed about 28,000 legal immigrants – working people paying taxes – from their insurance plans. Another 8,000 or so were barred from enrolling in insurance plans because the MA legislature voted to cap enrollment in the subsidized plans. This took place at the same time Mr. Obama was trying to sell the ACA to the nation, so, under pressure from Washington, the MA legislature restored some of the money, and the Connector dumped these people, without their consent, into an out-of-state plan with higher copays, less comprehensive coverage and next to no doctors or safety net hospitals in its network. This has huge implications for the ACA. If legal immigrants can be removed from their plans and others denied enrollment when a state budget is squeezed, which vulnerable segment of the population is next in line? The good news is these legal immigrants in MA sued the Connector and its then-Executive Director, Jon Kingsdale, and the Massachusetts Supreme Judicial Court ruled unanimously that the state could not violate their right to equal protection under the state and federal constitutions and fiscal considerations alone can not justify a state’s invidious discrimination against them. As a result of this decision, the state had to come up with some bucks, and the Connector was forced to put the plaintiffs back into their original plans. And if all that isn't bad enough... Obamacare architect leaves White House for pharmaceutical industry job Physician payments based on outcomes How is this a democrat/republican issue? This effects every single American. Before you go off spewing BS, maybe you should read and think instead of making a FOOL out of yourself. $75 Steve O? Is that all? Where did you come up with that number? Pulled it out of your gay hoe's a(ss) last night?

Asked By: Wake the Sheeple - 2/18/2013
Best Answer - Chosen by Asker
ONE of the MANY ugly truths is that our government is already banking on BILLIONS in "fines" it plans on collecting from companies and individuals who refuse to sign on. Don't believe me? Read for yourself... More
Answered By: STEEL - 2/18/2013
Additional Answers (6)
The ugly truth is that everyone must buy their own insurance now. Don't want to pay for your own insurance? Too bad. $75/year tax for you muahahaha
Answered By: Steve O - 2/18/2013
Answered By: Blue_MiDnights - 2/18/2013
Obama care was the biggest reason Latinos voted for him. Keep fighting for racism and you'll keep losing. God Bless America! Thanks
Answered By: NONAME - 2/18/2013
Yup, if only we had proper universal health care. It'd be cheaper and better for everyone involved (as it is in basically every country with UHC).
Answered By: PopeJewish - 2/18/2013
Oh look YET ANOTHER conservative whining because he actually has to take PERSONAL RESPONSIBILITY and pay for his own healthcare... More
Answered By: Ped0phile Pastors Aren't Cool - 2/18/2013
The only thing it will accomplish is to destroy the existing health care system. Obama is already gutting medicare to pay for it.
Answered By: Lodar of the Hill People - 2/18/2013
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