FACT CHECK: Premiums would rise under Obama plan
March 17th, 2010 . by TexasFredFACT CHECK: Premiums would rise under Obama plan
WASHINGTON (AP) - Buyers, beware: President Barack Obama says his health care overhaul will lower premiums by double digits, but check the fine print.
Premiums are likely to keep going up even if the health care bill passes, experts say. If cost controls work as advertised, annual increases would level off with time. But don’t look for a rollback. Instead, the main reason premiums would be more affordable is that new government tax credits would help millions of people who can’t afford the cost now.
Listening to Obama pitch his plan, you might not realize that’s how it works.
Visiting a Cleveland suburb this week, the president described how individuals and small businesses will be able to buy coverage in a new kind of health insurance marketplace, gaining the same strength in numbers that federal employees have.
“You’ll be able to buy in, or a small business will be able to buy into this pool,” Obama said. “And that will lower rates, it’s estimated, by up to 14 to 20 percent over what you’re currently getting. That’s money out of pocket.”
And that’s not all.
Full Story Here:
FACT CHECK: Premiums would rise under Obama plan
How can you tell if Barack Hussein Obama is lying?
When the MSM, and particularly an AP writer, call him on his BS.
And I’ll bet you thought I was going to make some tacky comment about his thin, ugly, purple lips didn’t you?
Oops..
A White House press spokesman later said the president misspoke; he had meant to say annual premiums would drop by $3,000.
It could be a long wait.
“There’s no question premiums are still going to keep going up,” said Larry Levitt of the Kaiser Family Foundation, a research clearinghouse on the health care system. “There are pieces of reform that will hopefully keep them from going up as fast. But it would be miraculous if premiums actually went down relative to where they are today.”
The statistics Obama based his claims on come from two sources. In both cases, caveats got left out.
Obama misspoke? And a White House press spokesman admitted to it? He let Obama be shown in less than a glorious light?
Off with his head! 
How dare he not say it was him that wrote the words, causing The One to misspeak! How dare anyone admit that The Obamessiah misspoke! Heresy I tell you!
Sheer and unabashed heresy!
It’s a known fact, the sun rises in the east and Barack Hussein Obama would never fail to tell the American people the full and honest truth, with ALL of it’s intricacies!
The Obamessiah has only love for the American people in his heart and he LIVES to serve US!
Surely this writer for the AP, Ricardo Alonso-Zaldivar is a plant, a shill of the Conservatives and that Oh So Evil TEA Party. How dare he write such blasphemy?
The claim that people buying coverage individually would save 14 percent to 20 percent comes from the same budget office report, prepared in November for Sen. Evan Bayh, D-Ind. But the presidential sound bite fails to convey the full picture.
The budget office concluded that premiums for people buying their own coverage would go up by an average of 10 percent to 13 percent, compared with the levels they’d reach without the legislation. That’s mainly because policies in the individual insurance market would provide more comprehensive benefits than they do today.
For most households, those added costs would be more than offset by the tax credits provided under the bill, and they would pay significantly less than they have to now. However, the budget office estimated that about 4 in 10 customers shopping for an individual policy would not be eligible for tax credits - and would face higher premiums on average than without the legislation.
OK, enough theater and faux outrage. Actually, the outrage IS real, the sarcasm was used in an effort to lighten the mood somewhat.
Let’s face it folks, we’re seeing the destruction of America, right before our eyes, so, remember this date in time, November 2, 2010! Election Day!
That is our last and best hope America. We either neuter this America hating POSER in the White House by removing ALL RINOs, and as many Dems as possible, we return this nation to sound, Conservative government by placing men and women in the House and Senate that ARE Conservatives , or we accept the fact that America has died and Barack Hussein Obama has, with the approval of a far left House and Senate, killed her!
If Conservative Americans don’t retake the House and Senate in November 2010, I fear that by the time 2012 rolls around, it will be too late, the damage will be too great and our once mighty nation will be mortally wounded.
HUMPH! Let’s call a spade a spade! The man’s gums are bumping, he’s damn sure LYING! I’d believe the sky is pink before I’d believe him saying’s it’s blue!
Late yesterday, I heard a White House spokesmen rolling back Obama words and say something like, he meant to say the passage of ObamaCare would slow the rate of increase in monthly insurance premiums. He know these lies as they flow from his mouth to the waiting masses and is fully aware the MSM will never hold him fully accountable for the lies and half-truths that constantly come from his TelePrompTer to his blue-gummed lips. Simply put the guy is just another lying Chicago politician!
Unfortunately this man is in office due to his charasmatic charm and “pimpin” personality. Come November though, there will be many Demo’s who don’t have jobs any more….then comes 2012…I personally think Rick Perry should be our next Pres cuz he don’t take any b-s
But Kate, we ALL know that you’re a bog dwelling, racist hick and you only feel that way because Obama is kinda/sorta Black…
Oh. Yeah. Dang! I keep forgetting about that!
Everyone knows Obama is lying, only the racist black folks and his MSM lacky’s are still lapping it up. The sad part is, the hag in the house and the hairlip in the senate are the ones actually causing the most harm now. How’s that hope and change working out for you Obamabots? Where are the jobs? Hows that gitmo thingy? Iraq? the patriot act? no child left behind? oh yeah he’s carrying on Bush policies of which he ran against…..Hypocrite bastards all…Time to cut out the cancer before it kills us.
Obama hasn’t told the truth since he entered the political arena. Soros didn’t want him to blow his cover. They’re both Communists you know. Right now they say they are socialists so you all don’t become frightened. But once their agenda has been achieved their true colors will be unveiled. Did you ever ask yourself why all these czars are socialists/marxists/communists? He didn’t apoint them to be window dressing. They are the people that will control your lives once Obama “transforms” the good old USA. People we have one chance and one chance only to take back this country and thats the 2010 elections. 2012 will be too late! If we don’t throw the “socialists” out and replace them with people who support the Constitution this country is done and its Katy bar the door.
Premiums go up, taxes go up, no program until 2014, and by then the people will discover the third item to go up: Obama’s fist where the sun doesn’t shine!
We all know he is lying….it’s those dumbass people that have a serious health problem that think he is there to help them. Most of those that are really sick and want this Bill passed will be pay out the ass for the next 3 years…then on that forth year when all this takes effect…they will be dead.
The woman he talked about the other day paid out over $10,000 ( Premium - $6,000 , and her out of pocket expense was $4,000 ) and she only got $900 paid by the insurance company. Now correct me if I’m wrong…but wouldn’t this woman be better off putting that $6,000 in a savings account and then paying her own bills as she is already doing. At least she would have $6,000 plus interest at the end of that first year…as it is now she has nothing at the end of the year.
More BS from Obozo??? My usual response… “yawn!!!”
@HAM - A *yawn*?? Seriously?? You’ve become THAT apathetic?
I am 74+ yrs old. I remember when we said “its a free country” with pride, because it was true. It is no longer true. The ruling elite in Washington are in the process of destroying our country.
I hope someone or some organization out there has the time and money to test the constitutionality of the Health Care Bill before the Supreme Court. Obviously the revolt is not loud enough.
How godam dare they tell me I must buy “Government defined Health Care Insurance or the IRS will take action using all its power”-that is pure BullShit.
Furthermore, I wish some of these conservative organizations out there would band together to get the following on a National Ballot:
1) Do away with Congressional Health Care and Retirement. They must do what we do
2) Term limits. 3 for Representatives and 2 for Senators.
I further hope if that ()()&*(&*(^&^&^& Health Care bill is “deemed” passed that it is repealed in full after the 2010 elections.
I am so pissed I can hardly see straight.
Naw TF, just tired of hearing Obozo flap his jaws. I save my energy for listening to potential candidates who can stop the BS of this administration and I do love listening to Rush’s take on it. Also I communicate with those in the Senate and House. Listening to “purple lips” yap isn’t on my list of productive things to do! Pretending to be interested in the endless lies that come out every time he speaks… well, you know that gets old Fred!
Apathetic, I’m not. Sick of the commie in the White House… oh, you bet!!!
Understand Mom-but once it is passed and the beuracracy established it will be too late to undo.