OBAMACARE WILL ONLY COST $50,000 PER NEWLY INSURED AMERICAN

How is the Savior doing?

Why isn’t this the lead news story on every mainstream media station in America? Why is the only story about this in a UK newspaper?

Obama declared in 2009 that Obamacare wouldn’t add one dime to the deficits. He was right. It is going to add AT LEAST $1.35 trillion to the debt over the next 10 years according to the usually wildly optimistic CBO. You can probably double that to get the real cost.

When Obama and his shills were propagandizing their healthcare plan to the ignorant masses, they declared that 30 million uninsured Americans would be insured. According to the CBO, 30 million Americans will still be uninsured in 2025, and we will have incurred $1.35 trillion of costs to insure some 25 million people over the next ten years. That is $50,000 per newly insured person.

And I don’t believe that either. The MSM and Obama keep blathering about 9 million people signing up for Obamacare. They aren’t newly insured. The majority have dropped plans they already had to get some “free” healthcare. Companies are booting people who had insurance to help their bottom lines and let the American taxpayer foot the bill.

Obamacare was a scam from the very beginning. It was sold to the American public with blatant lies, misinformation, and propaganda. How are you spending that $2,500 annual savings in healthcare premiums Obama promised in 2009?

The criminal class ruling this country will do anything to get what they want, pillage your wealth, and destroy the country. They even admit it:

“You can’t do it political, you just literally cannot do it. Transparent financing and also transparent spending. I mean, this bill was written in a tortured way to make sure CBO did not score the mandate as taxes. If CBO scored the mandate as taxes the bill dies. Okay? So it’s written to do that,” Gruber said. “In terms of risk rated subsidies, if you had a law which said that healthy people are going to pay in, you made explicit healthy people pay in and sick people get money, it would not have passed. Lack of transparency is a huge political advantage. And basically, call it the stupidity of the American voter or whatever, but basically that was really really critical to get for the thing to pass. Look, I wish Mark was right that we could make it all transparent, but I’d rather have this law than not.” – Jonathan Gruber – Obamacare architect

Hat tip Thinker

Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report

  • Stunning figure comes from Congressional Budget Office report that revised cost estimates for the next 10 years
  • Government will spend $1.993 TRILLION over a decade and take in $643 BILLION in new taxes, penalties and fees related to Obamacare
  • The $1.35 trillion net cost will result in ‘between 24 million and 27 million’ fewer Americans being uninsured – a $50,000 price tag per person at best
  • The law will still leave ‘between 29 million and 31 million’ nonelderly Americans without medical insurance
  • Numbers assume Obamacare insurance exchange enrollment will double between now and 2025 

It will cost the federal government – taxpayers, that is – $50,000 for every person who gets health insurance under the Obamacare law, the Congressional Budget Office revealed on Monday.

The number comes from figures buried in a 15-page section of the nonpartisan organization’s new ten-year budget outlook.

The best-case scenario described by the CBO would result in ‘between 24 million and 27 million’ fewer Americans being uninsured in 2025, compared to the year before the Affordable Care Act took effect.

Pulling that off will cost Uncle Sam about $1.35 trillion – or $50,000 per head.

SCROLL DOWN TO READ THE REPORT

THE $2 TRILLION DOLLAR MAN: President Barack Obama was in India on Monday when the Congressional Budget Office reported the federal government's gross costs for a decade of Obamacare will be $1.993 trillion

THE $2 TRILLION DOLLAR MAN: President Barack Obama was in India on Monday when the Congressional Budget Office reported the federal government’s gross costs for a decade of Obamacare will be $1.993 trillion

PROMISES: Obama pledged in 2009 during a speech before a joint session of Congress that his health insurance proposal would cost $900 billion over ten years – a far cry short of current numbers

PROMISES: Obama pledged in 2009 during a speech before a joint session of Congress that his health insurance proposal would cost $900 billion over ten years – a far cry short of current numbers

The numbers are daunting: It will take $1.993 trillion, a number that looks like $1,993,000,000,000, to provide insurance subsidies to poor and middle-class Americans, and to pay for a massive expansion of Medicaid and CHIP (Children’s Health Insurance Program) costs.

Offsetting that massive outlay will be $643 billion in new taxes, penalties and fees related to the Obamacare law.

That revenue includes quickly escalating penalties – or ‘taxes,’ as the U.S. Supreme Court described them – on people who resist Washington’s command to buy medical insurance.

It also includes income from a controversial medical device tax, which some Republicans predict will be eliminated in the next two years.

If they’re right, Obamacare’s per-person cost would be even higher.

President Barack Obama pledged to members of Congress in 2009, as his signature insurance overhaul law was being hotly debated, that ‘the plan I’m proposing will cost around $900 billion over 10 years.’

It would be a significant discount if the White House could return to that number today.

Obama in ’09: Obamacare won’t add one dime to deficit

PRICEY: The federal government will spend $50,000 for each person recruited to buy insurance or neroll in free Medicaid through the Obamacare exchanges

PRICEY: The federal government will spend $50,000 for each person recruited to buy insurance or enroll in free Medicaid through the Obamacare exchanges

In that same speech, Obama claimed that there were ‘more than 30 million American citizens who cannot get coverage.’

$900 billion spent on those people would equate to no more than $30,000 each – less than two-thirds of what the CBO now says the program will cost when the dust settles.

The CBO and the Joint Committee on Taxation, a group of members from both houses of Congress, prepared Monday’s report on the overall direction of the federal budget.

They estimated that ‘the net costs of the coverage provisions of the ACA [Affordable Care Act] will rise sharply as the effects of the act phase in from 2015 through 2017.’

Those costs will ‘rise steadily through 2022′ before leveling off for three years, the groups’ economists determined. But even at that point, the Obamacare program will cost the governemnt ‘about $145 billion’ each year.

That number doesn’t include the insurance premiums and out-of-pocket health care costs paid by Americans – only the government’s role in implementing the law and paying for its guarantees.

And the law will still leave ‘between 29 million and 31 million’ nonelderly Americans without medical insurance, says the CBO.

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61 Comments
card802
card802
January 28, 2015 7:50 am

It’s been my gut feeling the ACA was designed or known to be a failure from the beginning, the ultimate goal is single payer.
We just have to go through the motions of hating the ACA first, then a crisis, then we demand the gov do something, and that something will be exactly what they wanted in the first place, we just had to ask for it first.
That’s the way a representative government works.

Bea Lever
Bea Lever
January 28, 2015 8:47 am

Card802

You are right about the goal of single payer. There will be great danger for us when that day comes as you will no longer have the ability to pay for medical services out of your pocket. A doctor or hospital could ONLY be paid by the government so if for instance you are 65 and older and need a heart operation and there is a 1 year waiting period good luck. Rationed care will be the end of a great many of us when that day comes.

Bea Lever
Bea Lever
January 28, 2015 9:19 am

CBO reported 2 trillion over the next decade for Ocare, they would spend that and a lot more to cull this herd. Money created out of thin air means nothing to TPTB, they consider it a good investment.

Sensetti
Sensetti
January 28, 2015 9:26 am

Fucking Democrats !!!

Republicans sounded the alarm!! What was expected is coming to pass!

Sensetti
Sensetti
January 28, 2015 9:35 am

Why isn’t this the lead news story on every mainstream media station in America? Why is the only story about this in a UK newspaper?

Fox has beat the hell out of Obamacare. Hannity is working on it as we speak just stand by. Obamacare will be a major issue in 2016. Book it

overthecliff
overthecliff
January 28, 2015 9:35 am

Don’t worry the Republicans will save us. They are going to reverse all this communist crap. Then they will replace it with their well thought out fascist crap. It will be done with one easy law, the one that changes the color of the armbands.

Anonymous
Anonymous
January 28, 2015 9:40 am

The goal of Obamacare is for all property and bank acc to be fined in penalties back to the gov.Bet everyone thought it was for warm and fuzzy gov health care?As is MYRA when you die all goes to gov.Its all a scheme to loot redistribute$$$$ from the sheeple-

cantbaretowatch
cantbaretowatch
January 28, 2015 9:46 am

Step 1 buy shares. Step 2 force compliance.

Mark
Mark
January 28, 2015 9:48 am

So where does this’s tax revenue come from? Or is it another free lunch?

The problem the world over is the velocity of money is too low and I suspect dropping off a cliff as I speak.

Not only must this act be repealed but further measures to reduce government spending.

A long with a tax cut much greater then the cuts in spending to increase the velocity of money.

It’s the only way or a greater depression will ensue. I suspect the opposite is true and the government will do any means to tax people to maintain its idiotic existing obligations.

hardscrabble farmer
hardscrabble farmer
January 28, 2015 9:54 am

I don’t think single payer was ever the goal, at all, building and maintaining a massive data base on the personal health (read mental health) of EVERY American is the end game. Cradle to grave control of every aspect of every life and the legal right to make any decision they so choose based on what they know, after al, you provided it, right? That way they can determine who will be able to own guns, maintain custody of their children, can be employed, receive benefits, own your home/assets, etc. Once every last person divulges every last nanobyte of their personal life to the ones who run the plantation what’s to prevent them from using that information for “the good of society”? After all, it’s now “established law” (I love how they use that term when things work in their favor on some issue) that everything that was once protected by the doctor/patient confidentiality is now the purview of the Internal Revenue Service, one of the only arms of the FedGov that is allowed by law to render verdicts/file liens/sieze assets without the benefit of adjudication.

Of course that’s just the rantings of a “conspiracy theorist”, they’d never do anything that wasn’t in our best interest, honest.

As a side note, I was in the local pharmacy about two weeks ago to pick up sterile cotton (had to special order it) There was an elderly lady in front of me speaking in a very low voice to the counter person about her perscription and some trouble she was having getting it filled. The pharmacist had to come out and explain to her that under the “new guidelines form the government” she would not be able to get that perscription filled any longer, but that she could reapply next year. She was bewildered, and he had to explain to her very slowly that it was probably “for the best” and she would definitely be able to get it again after she reapplied, again, NEXT YEAR. It seemed clear to me that this lady was never going to see next year- she was probably ninety or so and looked frail- and that even if she did there would simply be some new, new guideline by then. I got the feeling if she had broken out her wallet she could have had that puppy filled likety-split, but judging from her attire/handbag/shoes that money was already budgeted for cat food.

Nice job ACA, you’re the best!

Chicago999444
Chicago999444
January 28, 2015 10:05 am

Admin, Republicans won’t pass legislation to reverse this disaster because it’s about half their idea to begin with. There is nothing original to Obama about anything in the ACA, which is just another way to convey our money to the thousands of intermediaries that stand between us and the products and services we need, in order to skim off every transaction.

In MA, a plan with the same basic features was instituted under Gov. Romney, where it is referred to as “Romneycare”.

The plan most likely has its roots in a plan cobbled together in the 90s by Newt Gingrich and HIllary Clinton, who were working together to revamp health care. It is lame attempt to give everybody something while keeping the health care companies happy and well-lubricated.

The “gullible masses” fell for it hook, line, and sinker because we have spent the past 100 years living in age of “too much magic”, where it seemed that there were no limits, and no problem that could not be solved by throwing enough money at it…. and that the wealth that the money is supposed to represent, and resources that are the font of that wealth, would always be here, in any quantity we needed. People, including our paid thinkers, so little understand what makes the lives we lead possible, that they truly believe that you can conjure what you want just by mouthing incantations and writing laws.

BUCKHED
BUCKHED
January 28, 2015 10:08 am

HSF…..you are right. When the sheep revolt the Gooberment will send in Chris Kyle types to ensure that the ” Savages ” don’t takeover the asylum.

dilligaf
dilligaf
January 28, 2015 10:10 am

Sensetti really needs one of these, because waking up is hard…..

[imgcomment image[/img]

Dan
Dan
January 28, 2015 10:38 am

The only group of people who love obamacare more than democrats….are the republicans.

Sensetti
Sensetti
January 28, 2015 10:45 am

I said Hannity would report on it. He has beat obamacare to death why would he stop now.

Republicans don’t have the votes to overturn Obamacare.

How many Republicans voted for Obamacare?

Answer is ZERO!!

So Dan please tell me how Republicans are for it. Do I need to fill this thread with U tube videos of Republicans protesting Obamacare before it was passed?

Mark
Mark
January 28, 2015 11:08 am

In a nut shell. The government is merely dictating where resources will be spent.

This will mean less economic activity in the areas that are supposed to fund this program.

I’m sure that that the true cost will be more then the myopic static accounting of the congressional budget office.

DaveL
DaveL
January 28, 2015 11:08 am

Wait until the general public, and and specifically employees and employers, find out that 60% of them can qualify for subsidies for their insurance. The government is encouraging you to game the syatem.
https://www.healthcare.gov/lower-costs/save-on-monthly-premiums/?utm_source=Community+Newsletter+August+2013&utm_campaign=August+2013+Newsletter+Employee%2FBoard&utm_medium=email

Iska Waran
Iska Waran
January 28, 2015 11:10 am

Sensetti didn’t say Republicans would fix it. He said they predicted that it would be a disaster and how it would be a disaster. He also said none of them voted for it and that they don’t have the veto-proof majority in both houses needed to repeal it. Those are called facts.

Sensetti
Sensetti
January 28, 2015 11:45 am

Iska Waran you are wise beyond your years. It is evident your critical thinking skills are excelente.!!

bb
bb
January 28, 2015 11:54 am

Hard Farmer , why didn’t you pay for the old ladies medicine ?You knew she needed it,you knew she couldn’t afford it but you just stood there. This says more about you then Obama care.

card802
card802
January 28, 2015 12:01 pm

I haven’t listened to Fox News in so long (got rid of cable three years ago) I couldn’t tell you anything about them anymore. I think a lot of people crave facts, not the sensational hysterical option driven drum beating for ratings we get from a Fox or CNN or MSNBC.

I listen to Hanity or Beck from time to time on the radio and they start with a few facts then off they go into the all democrats are evil ignorant ghouls that are out to destroy all that is left of America.

Then I switch to Progressive news and they start with a few facts then off they go into the all republicans are evil ignorant ghouls that are out to destroy all that is left of America.

I swear, pay them enough, switch Hanity with Schultz and they would still perform the same, just singing a different tune.

card802
card802
January 28, 2015 12:10 pm

Thanks, HSF, you just trumped single payer by total control.

Maybe single payer is the bait we focus on and never see the fisherman above thrusting the spear. Completely correct, make a slew of inane laws to confuse us, then they tie them all together with health care and suddenly it’s illegal to______________fill in the blank.

Sensetti
Sensetti
January 28, 2015 12:16 pm

CNN @ MSNBC are dead network, their ratings are shit. I don’t know how it correlates but combined together they cannot be Fox.

Sensetti
Sensetti
January 28, 2015 12:21 pm

What the ratings say to me is that conservatives pursue information while Liberal Democrats survive on soundbites. That’s the reason Obama can get away with stating things that are not actually reality and his voters believe it. Also known as low information voters!!

Dan
Dan
January 28, 2015 12:23 pm

@ Sensetti

How cute, you still believe votes matter.

Republicans provide lip service only, and by lip service I mean they blow the democrats while telling people like you what you want to hear.

Crimson Avenger
Crimson Avenger
January 28, 2015 12:29 pm

Holy shit, Sensetti – it’s not Republicans vs Democrats, it’s the individual vs the state, and both R&D are on the side of the state. When is the last time either side reduced the size or reach of government? Both parties have had total control of the levers in recent years.

yahsure
yahsure
January 28, 2015 1:04 pm

I just hate Insurance. We have mandatory auto insurance.Now we have mandatory health insurance.
The rates stink and Obamacare is enforced by the IRS! That alone should have sent up red flags.
The idea that the government getting involved with anything,and it would get cheaper is beyond funny.

Chicago999444
Chicago999444
January 28, 2015 1:18 pm

yashure, you are onto something.

I was beginning to think, a few years back, that the root of our problems might be health insurance, and that we would be better off if it didn’t exist. I bounced this idea off a friend of mine, a rather prominent, conservative banker lady in Colorado. I offered that it had accomplished nothing but to drive up health care costs since its inception in WW2, when it was invented as a way to circumvent wartime wage & price controls, and offer executives extra competition in the competitive recruiting environment of the era.

She said she had a feeling it might be so.

It was only a nagging intuition at the time, but it seemed to me that health care costs spiraled out of control in the 50s and early 60s, which inspired MEDICARE, which further drove costs up, which were totally out of whack by the late 60s.

So, a decade later, the Health Management Organizations were invented. They were supposed to be one-stop “health maintenance” organizations that tied everything together and offered “preventative care” to reduce the amount of catastrophic cases. SURE.

We were off to the races after the introduction of the HMOs, which not only did not reduce costs, but increased them, and, worse, conveyed most of the money paid into them not to physicians and to general care, but to the executives and shareholders.

So, what else could we think to do but introduce evermore intermediaries in the ACA, to further drive up costs while diverting more resources away from medical care and into the coffers of insurance companies?

Which is why David Stockman, in his GREAT DEFORMATION, fingers the inception of health insurance, and the corporate tax deduction for its cost, as the principal factor in the out-of-control cost of our healthcare, and states flatly that not only should there be no government intervention in health care, but that the tax deduction for health insurance be ended, which would of course end health insurance.

In other words, eliminate all the programs and intermediaries we have put into place that are the biggest part of our costs, and which do not enhance the quality of care, to say the least.

Realist
Realist
January 28, 2015 1:20 pm

“Why isn’t this the lead news story on every mainstream media station in America? Why is the only story about this in a UK newspaper?”

That question IS the real story, and that same question could be asked at least a hundred times a day for a hundred different events and issues that are NOT being reported by Big Media.

The complete corruption of Big Media in the USA by the Ruling Class, and of course that medias endless manipulations, deceptions, manicuring and filtering on behalf of their Ruling Class owners/Masters, is simply astonishing. In the run up to the last election I finally got my family members to put in the time and get out on the web and inform themselves. They were completely stunned by the huge amount of information that is carefully manicured away by all of Big Media, both newspapers and the big broadcast networks. They now spread the word among their friends and encourage them to take on the responsibility of becoming properly informed.

Rise Up
Rise Up
January 28, 2015 1:24 pm

Obamacare is part of the Cloward-Piven Strategy, also employed in the border crisis, food stamp program, etc. The goal is to overwhelm “the system”(s) to the point of near collapse with the end game of more government control. Control out of chaos?

http://www.thedailysheeple.com/congressmen-yes-obama-using-cloward-piven-strategy-to-collapse-the-system_072014

card802
card802
January 28, 2015 1:35 pm

“I offered that it had accomplished nothing but to drive up health care costs since its inception in WW2…”

Didn’t FDR place wage controls on business and the only way business could compete for workers was to offer a newly thought up idea of benefits? One more example of government taking an idea from business and making it their own, then wreaking it.

Chicago999444
Chicago999444
January 28, 2015 1:50 pm

card802, that’s exactly what I said, that health insurance was promulgated as a way to circumvent the wage-price controls and compete for employees.

card802
card802
January 28, 2015 2:06 pm

Chi,

Doh!

Sorry, I was on the phone while skimming what you wrote and a dim light went off in my head, plus you used some real big words.

Westcoaster
Westcoaster
January 28, 2015 2:24 pm

Personally I think Republicans and Democrats are just different sides of the same coin, but the since some of the crowd here thinks there IS a difference, please let me remind you it was Nixon (as I recall, a GOPer) who lit the fuse for the explosion of healthcare when Kaiser talked him into the “advantages” of HMOs.
http://www.bestsyndication.com/2005/Nicole-WILSON/081005-HMO-Plan-History.htm
“In 1973 President Nixon approved the HMO act that the left wing was promoting to help make insurance available to everyone. Only Kaiser Permanente was an HMO in 1969 and most of the members where encouraged to join through their union. The belief of the new HMO act was to encourage lower cost insurance to everyone. At this point of the implementation of Medicare and the HMO act started the beginning of a much larger problem of unaffordable individual health insurance.”

Chicago999444
Chicago999444
January 28, 2015 2:53 pm

Nixon also started the Section 8 program to replace the housing projects, which had become disasters so quickly.

I was on hand to witness the demolition by implosion of what was then the most troubled of all the high rise “project’ housing- St Louis’ infamous Pruitt-Igoe complex of 33 ugly buildings.

Sensetti
Sensetti
January 28, 2015 3:16 pm

yahsure says: The rates stink and Obamacare is enforced by the IRS! That alone should have sent up red flags.

It did my friend. The Republicans were screaming from the roof top. AWD, Hope and myself were screaming from the roof top. ONLY THE FUCKING DEMOCRATS WANTED THIS SHIT.

Sensetti
Sensetti
January 28, 2015 3:53 pm

Dems vs Repubs

This is a Democrat

http://youtu.be/RKHKTAY5b4M

This is a Republican

Llpoh
Llpoh
January 28, 2015 4:01 pm

We injuns are exempt from Obamacare. Exempt I tell ya!

Bwahahahahaha!

Sensetti
Sensetti
January 28, 2015 4:02 pm

Admin I call Bullshit!! Make the argument there’s no difference between Illinois politics and Texas politics. If there’s no difference between red and blue that should be a simple task.

Do you think Rev Al has the same political viewpoint as Ted Cruz?

Sensetti
Sensetti
January 28, 2015 4:27 pm

One can clearly see the differences between Red &Blue politics at the State level. The reason it’s different at the Federal level is it’s almost split 50/50. My State is moving to the right, it is blood red for the first time in the states history. The division between Red & Blue will grow more pronounced as time goes on.
Do as you will but as for me, I don’t vote on the same side as the freeshit army!

One more thing to prove my point beyond any doubt. If we had a Republican President right now and holding both house’s, US troops would be landing in the Middle East by the thousands. You think not?

Dan
Dan
January 28, 2015 5:17 pm

Sensetti getting his daily fix

[imgcomment image[/img]

llpoh
llpoh
January 28, 2015 6:12 pm

Sensetti – are you proposing/advocating sending troops into the middle east? You comment appeared to say that, but I find that position so astounding I am asking for confirmation before I go puke.

Sensetti
Sensetti
January 28, 2015 7:08 pm

This discussion is about the difference between Red and blue. I did not advocate for troops in the Middle East. I am simply pointing out the differences between the red team and the blue team. It’s not the same team there are huge differences.

donna
donna
January 28, 2015 7:09 pm

My podiatrist whom retired early because of Obamacare said he worked with surgeries with veterans,and was told instead of fixing a limb,to cut it off its cheaper by the gov,Of course he informed the victims of gov policy first so they could go elsewhere.He said this is what Obama care will do to American victims.Cut off limbs of healthy people instead of casts for broken bones.

Sensetti
Sensetti
January 28, 2015 7:12 pm

I am on record supporting Rand Paul. My handle on zero hedge is Rand. If Rand Paul runs I will support him all the way. But at the end of the day I will support whoever wins the Republican nomination.

floridaserfer
floridaserfer
January 28, 2015 7:14 pm

I love obamacare. My insurance went down $300per month because I get the “help”from subsidies. I’m finally a parasite.

Sensetti
Sensetti
January 28, 2015 7:26 pm

I just posted a comment over on ZH under the thread.
McDonalds CEO Retires Following Horrible Year: New Boss Seen Here Wearing At Least 37 Pieces Of Flair

I have used the handle Rand on ZH long before Rand Paul was main stream. I knew the first time I heard him speak that he would be something special. I’am a huge Rand Paul fan, enough said.

Sensetti
Sensetti
January 28, 2015 7:32 pm

Admin, BTW I’m back in the gym, no drinking when I’am working out. I follow a strict diet which doesn’t allow for booze, when I put in all that hard work I expect results.

Sensetti
Sensetti
January 28, 2015 7:38 pm

My work here is done. I have clearly won this argument hands fucking down. Now we all know red is not blue.