Obamacare Failing

Obamacare lifeboatIs Obamacare failing before the “big dance” in 2014? While portions of Obamacare have been phased in over the last 3 years, the big event comes on January 1, 2014 when everyone is required to buy health insurance, even if they can’t afford it.

“Lots of small businesses struggle with providing insurance for their workers so this was supposed to facilitate it and make it easier for small business to do this,” said Jim Capretta of the Ethics and Public Policy Center. “It was a huge portion of the sale job. When they passed the law in 2010 there were many senators and members of Congress who were saying ‘I am doing this because it’s going to help small businesses.'” 

Fox News

Most small businesses, defined as those with fewer than 50 employees, are still struggling just to stay alive. Fortunately for them, they will not be required to provide health insurance for their employees, nor will they be penalized (TAXED) if they fail to do so.

If the folks in Congress wanted to help small business they never would have voted for Obamacare.

Since insurance is more expensive for small businesses, many of which have no obligation under the law to provide coverage, analysts now fear many might just stop trying and let workers go on the soon-to-be-launched state exchanges. 

Sara Teppema of the Society of Actuaries — which did an exhaustive study of ObamaCare — said that “even if it’s just a small change of people who are leaving the employment-based insurance and coming into the individual insurance market, their costs and their numbers will overwhelm those who are currently uninsured.” 

“Insurance is more expensive” . . . compared to what?

That is a meaningless phrase that lacks a qualifier.

Group health insurance is always more expensive than the same plan for the same age individual.


Creating an exchange just for small businesses is a duplication of existing services. Adding in all the new Obamacare mandates makes health insurance more expensive for everyone and exchanges will result in FEWER choices, not more.

Meanwhile, 79 senators including several liberal lawmakers recently voted to repeal a new tax on medical devices contained in the health care law following a similar vote in the House. 

President Obama has vowed to veto any repeal of the tax, but Bayh notes that 79 votes in the Senate would be more than enough to override any veto.

The Obamacare 2.3% tax on gross sales of medical devices may not sound like much but it adds up.

This is effectively a value added tax (VAT) that will directly INCREASE the price of those items which will be passed on to the consumer. (Companies don’t pay taxes, their customers do).

When you increase the price of a medical device that drives up claims which means your health insurance premiums will also rise.

Instead of a lifeboat, Obamacare is like the Titanic.

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