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Tuesday, June 12, 2012

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A New Administration Report Shows That ObamaCare Will Lead To Even Higher Costs & Higher Premiums

Broken Promise: ‘My Proposal Would Bring Down The Cost Of Health Care’
PRESIDENT OBAMA: “Finally, my proposal would bring down the cost of health care for millions -- families, businesses, and the federal government.” (President Obama, Remarks, 3/3/10)

REALITY: ‘The Affordable Care Act Is Projected… To Add About $478 Billion’
CMS: “For 2011 through 2021, national health spending is projected to grow at an average rate of 5.7 percent annually… During this period, the Affordable Care Act is projected… to add about $478 billion in cumulative health spending.” (“National Health Expenditure Projections,” CMS, P.1, 6/12/12)

Broken Promise: ‘This Law Will Lower Premiums’
PRESIDENT OBAMA: “This law will lower premiums.” (President Obama, Remarks To ‘Families USA,’ 1/28/11)

REALITY: Premiums To Increase ‘4.1 Percentage Points Higher Than In The Absence Of Health Reform’
CMS: “In 2014, growth in private health insurance premiums is expected to accelerate to 7.9 percent, or 4.1 percentage points higher than in the absence of health reform.” (“National Health Expenditure Projections,” CMS, P.9, 6/12/12)

Tags: ObamaCare, broken promise, costs more, very expensive, higher premiums, adds $478 Billion, healthcare, repeal the bill To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. Thanks!

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