Investors Business Daily explains what you should know about Obamacare.
Despite repeated promises that the more we knew about ObamaCare, the more we’d like it, the law has never been less popular. Just 38% now approve of it, down from 46% when it passed in March 2010, according to the latest Kaiser Family Foundation survey.
But unless voters defeat Obama on Tuesday, they’ll never get rid of his disastrous “reform.” Even before ObamaCare takes full effect, its damage is evident.
Insurance premiums, which Obama promised to slash $2,500 by the end of his first term, have climbed 14% since the law went into effect. Nearly six in 10 doctors say ObamaCare has made them less positive about the future of health care in America, and almost two-thirds say they’d retire today if they could, according to a Physicians Foundation survey.
Businesses are holding back on hiring, or are shifting workers to part time because of ObamaCare’s looming coverage mandate. Darden Restaurants, for example, has stopped offering full-time schedules at several of its popular eateries “to help us address the cost implications of health care reform.”
This is only one of the horrors ObamaCare will unleash if fully implemented in 2014. Among others:
- ObamaCare will force as many as 20 million workers into government-run insurance exchanges after their employers drop coverage, according to the Congressional Budget Office.
- More companies will follow Darden’s example, refusing to schedule workers more than 30 hours wherever they can to avoid the coverage mandate.
- Insurance costs will explode. Even ObamaCare’s fans admit that its benefit mandates, marketplace rules and bans on coverage caps will force premiums to skyrocket. Jonathan Gruber, who helped design ObamaCare, says the law will add 30% to premiums in the individual market in the states he’s studied.
- Doctor shortages will reach 90,000 in about a decade, according to the Association of American Medical Colleges.
- Seniors will find it increasingly difficult to get treatments, as ObamaCare’s deep Medicare payment cuts cause one in six hospitals to become unprofitable and still more doctors to refuse to see Medicare patients.
- Even when a patient does get to see a doctor, ObamaCare will intrude, using the law’s “Patient-Centered Outcomes Research Institute” to create top-down rules for what doctors can prescribe for any given ailment.
- ObamaCare’s vast new taxes — including a crippling $20 billion surtax on the medical device industry and a $123 billion surtax on investors — will slow down medical innovation.
- And when these and dozens of other new taxes fail to cover ObamaCare’s massive 10-year $1.76 trillion price tag, everyone will suffer a bigger tax bite.
Not to mention the fact that ObamaCare will, for the first time in our nation’s history, force people to buy a government-approved product, setting a frightening new precedent for federal intrusiveness.
Here are a few articles that I have been using lately to inform people about the problems with Obamacare:
- Heritage Foundation: Obamacare Raises Taxes on 3 Million Middle-Class Americans
- Cato Institute: ObamaCare’s Cost Could Top $6 Trillion in first 10 years
- Life News: Obamacare is pro-abortion and pro-government controlled rationing
- Heritage Foundation: The 3 Biggest Ways Obamacare Kills Jobs
- Investors Business Daily: Obama’s Broken Health-Premium Savings Promise
- Reason: Obamacare will lead to longer wait times and crowded emergency rooms
- Doctor Patient Medical Association: 83% of doctors contemplating quitting over Obamacare
It’s important to understand that people who oppose this law don’t oppose because we are just being contrary. Obama’s health care plan has the goal of destroying private medicine and putting everyone into a single-payer system like Canada’s. It’s not good for us to be waiting in line for MRIs for months and months, or even years and years. NO.
Today is our last chance to vote against this heinous law that will reduce the supply of doctors, drugs, medical devices and health care, while raising the costs of health care. I beg you to get out there and vote against Obama’s health care monstrosity. And if you have already voted, then get on your knees and pray that Obama loses this election.