Obama Care Will Increase Health Care Cost

Well the Socialist In Charge and his crew came out on Friday with more lies and distortion about his Government take over of health care, claiming

"The Affordable Care Act will cover more Americans and strengthen Medicare by cracking down on waste fraud and abuse, modernizing payment systems and improving benefits by providing free preventive services, supporting innovations that help control chronic disease and closing the prescription drug donut hole," [Health and Human Services Secretary Kathleen Sebelius]

The facts show, according the Centers for Medicare and Medicaid Services, that this massive nut roll the Democrats past will not hold down costs over the next ten years and in fact will cause them to increase.  It will also force about 7 million seniors off their current Medicare coverage according the House Minority Leader John Boehner, R-Ohio.

"According to his own administration's analysis, the health care law the president signed one month ago today would violate his pledge to 'bend the cost curve' and force millions of seniors off their current Medicare coverage." John Boehner, R-Ohio.

Not only are the Republicans calling this bill a disaster, but even Obama's administration's analysts have said it will not do what Obama, Pelosi, Reid and the rest of the Democrats claim.  Sounds like more lies and distortion.  Some of the other issues with the bill are listed below: 

-- About 14 million people would lose their employer coverage by 2019 as smaller employers terminate coverage and workers who currently have employer coverage become enrolled in Medicaid;

-- The estimated reductions in the growth rate of health spending "may not be fully achievable" because "Medicare productivity adjustments could become unsustainable even within the next 10 years, and over time the reductions in the scope of employer-sponsored health insurance could also become an issue";

-- New fees and taxes on medical device makers will "generally be passed through to health consumers in the form of higher drug and devices prices and higher premiums";

-- By 2011 and 2012 the initial $5 billion in federal funding for the creation of a national high-risk pool "would be exhausted, resulting in substantial premium increases to sustain the program; we anticipate that such increases would limit further participation";

-- It is reasonable to expect that a significant portion of the increased demand for Medicaid would be difficult to meet, particularly over the first few years";

-- Businesses would pay $87 billion in penalties between 2014-2019 for failure to offer insurance.  [Fox News]

We need to get rid of these idiots in Washington, this November.