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Obamacare: CBO estimates 4 million people will lose their healthcare benefits by 2016

March 14, 2012

  While making the case for passing healthcare reform Barack Obama promised over and over again to all of those who were concerned about losing their current healthcare coverage that if you liked your insurance you would be able to keep it–you would be unaffected while millions of people who could not afford insurance would be able to get insurance.

  Many of us tried to warn people that this simply was not going to be the case because Obamacare was designed to incentivize employers to drop healthcare coverage for their employees by making it much cheaper to pay a fine for not offering healthcare insurance than it would be in continuing it once the onslaught of new regulations began to take effect.

  The goal of Obamacare has always been to drive the private insurers out of business by making it so expensive that people couldn’t afford their own insurance; this would drive up support for a single payer system and put our healthcare solely in the hands of the government. And it is working flawlessly.

  The new regulations are just starting to be handed down by Kathleen Sebelius, and these regulations will necessarily mean that healthcare premiums will rise, and this is only the beginning as most regulations will not be decreed until after the 2012 election. But the effects will soon be felt: The CBO is now estimating that four million Americans will lose their employer provided healthcare policies by 2016.

  If you are one of those four million Americans and you like your healthcare, well, you are out of luck.

10 Comments leave one →
  1. March 14, 2012 8:26 pm

    I just read an article that the CNO now calculates that Obamacare will cost about $200 billion per year. Soon we will have annual deficits of $2 trillion per year, Don’t worry. Be happy.


    • March 14, 2012 9:07 pm

      I saw that as well Jim. Move along, nothing to see here….. 🙂


      • bunkerville permalink
        March 15, 2012 8:00 am



    • lou222 permalink
      March 15, 2012 8:19 am

      Suprised, much?


      • March 15, 2012 8:33 pm



    • lou222 permalink
      March 15, 2012 8:19 am

      Nothing is ever free, someone always has to pick up the tab.


      • March 15, 2012 8:34 pm

        And that is the dirty little secret, isn’t it?


      • lou222 permalink
        March 15, 2012 8:50 pm

        Kind of like the free gas and no mortgage payments that alot that voted for Obama thought they were going to have. Apparently they didn’t do any vetting, either. I don’t take anyone at their word anymore,,,as they say, “trust, but verify” and that holds especially true now days.


      • March 17, 2012 9:39 am

        It sure does apply today, probably more than ever.



  1. Obamacare: 20 million people could lose their employer provided healthcare « America's Watchtower

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