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.