Government ObamaCare Promises loss of Insurance

We all knew this before the bill became law. And it just won't be some Medicare recipients that get dumped from their insurance plans - it will be millions of taxpayers that have individual plans where the premiums will rise to a point where they can't afford them any longer, and so be forced into a government plan and premature death. promises

This was the plan all long from the Democrats. Obama promised he would deliver the single payer plan and he has - it will just take a little longer then he thought. The only good thing here is that maybe, just maybe, the Conservatives will find a back bone to stop this insanity before we are all flushed down the toilet of history.

Health Care Law Unlikely to Fulfill Promises

Source: "Medicare Actuary Doubts Health Care Law Will Hold Down Costs," FOX News, January 26, 2011.

Two of the central promises of President Barack Obama's health care overhaul law -- holding down costs and allowing everyone to keep their insurance if they like it -- are unlikely to be fulfilled, Medicare's Chief Actuary Richard Foster told the House Budget Committee on Wednesday.

• Foster says analysis by his office shows that the health care law will raise the nation's health care tab modestly because newly insured people will be getting medical services they would have otherwise gone without.
• Costs could also increase if Medicare cuts to hospitals, nursing homes and home health agencies turn out to be politically unsustainable over the years.

As for people getting to keep their health insurance plan, Foster's office is projecting that more than 7 million Medicare recipients in private Medicare Advantage plans will eventually have to find other coverage, cutting enrollment in the plans by about half.