Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

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Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

Post  Anti Federalist on Tue Jan 27, 2015 12:12 am

Whoopsie.


Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance, says bombshell budget report

http://www.dailymail.co.uk/news/article-2927348/Obamacare-program-costs-50-000-American-gets-health-insurance-says-bombshell-budget-report.html#ixzz3PzlUy0T3

Stunning figure comes from Congressional Budget Office report that revised cost estimates for the next 10 years

Government will spend $1.993 TRILLION over a decade and take in $643 BILLION in new taxes, penalties and fees related to Obamacare

The $1.35 trillion net cost will result in 'between 24 million and 27 million' fewer Americans being uninsured – a $50,000 price tag per person at best

The law will still leave 'between 29 million and 31 million' nonelderly Americans without medical insurance

Numbers assume Obamacare insurance exchange enrollment will double between now and 2025

By David Martosko, Us Political Editor For Dailymail.com

Published: 16:38 EST, 26 January 2015 | Updated: 18:32 EST, 26 January 2015

It will cost the federal government – taxpayers, that is – $50,000 for every person who gets health insurance under the Obamacare law, the Congressional Budget Office revealed on Monday.

The number comes from figures buried in a 15-page section of the nonpartisan organization's new ten-year budget outlook.

The best-case scenario described by the CBO would result in 'between 24 million and 27 million' fewer Americans being uninsured in 2025, compared to the year before the Affordable Care Act took effect.

Pulling that off will cost Uncle Sam about $1.35 trillion – or $50,000 per head.


Read more: http://www.dailymail.co.uk/news/article-2927348/Obamacare-program-costs-50-000-American-gets-health-insurance-says-bombshell-budget-report.html#ixzz3PzlUy0T3
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Re: Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

Post  WHL on Tue Jan 27, 2015 5:59 am

Nice. Real nice. But it's really no surprise to me, is it to you?
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Re: Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

Post  News Hawk on Tue Jan 27, 2015 7:35 am

Two truths from the past—and ONE BIG LIE.

If you think healthcare is expensive, just wait until it's free!
—P. J. O'Rourke

Gruber hits keep coming, even as he prepares for another round of questioning in Congress. The latest comments from 2009 reveal Gruber saying that Obamacare would not produce affordable health care for many citizens since its focus is coverage not costs. This statement made five months before the passage of the Act from a key architect is in stark contrast to President Obama’s repeated assertions that premiums would go down dramatically. The latest statement will fuel questioning before Congress on whether the White House knew that premiums were unlikely to do down and that people would not be able to keep their current policies as promised by President Obama in selling the program.

Gruber stated in 2009 that Obamacare lacked cost controls in it and would not be affordable for many:

Obama in 2009: "Obamacare won't add one dime to the deficit."

Democrats in Washington should be hanging their heads in shame. Exclamation

Evil or Very Mad


.

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Re: Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

Post  News Pigeon on Tue Jan 27, 2015 8:31 am

Yeah, we should probably go back to paying $41-$43 billion annually in emergency room treatments for the uninsured....

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Re: Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

Post  Anti Federalist on Tue Jan 27, 2015 11:41 am

News Pigeon wrote:Yeah, we should probably go back to paying $41-$43 billion annually in emergency room treatments for the uninsured....

$1.35 TRILLION > $43 BILLION
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Re: Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

Post  News Buzzard on Tue Jan 27, 2015 1:20 pm

Reuters is reporting a totally different story:

http://news.yahoo.com/cbo-lowers-cost-forecast-obamacares-insurance-subsidies-225045336--finance.html;_ylt=AwrBT7ak1MdUKTsAmt5XNyoA

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Re: Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

Post  Anti Federalist on Tue Jan 27, 2015 2:42 pm

A report by the nonpartisan Congressional Budget Office (CBO) said insurance coverage would cost $964 billion from 2015 to 2024, $68 billion below its April 2014 projection, due to factors including lower than expected enrollment in federal and state insurance exchanges set up under the Affordable Care Act.

http://news.yahoo.com/cbo-lowers-cost-forecast-obamacares-insurance-subsidies-225045336--finance.html;_ylt=AwrBT7ak1MdUKTsAmt5XNyoA
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In Its Wording, YAHOO! Is Complicit...!

Post  News Hawk on Tue Jan 27, 2015 7:17 pm

News Buzzard wrote:Reuters is reporting a totally different story:

http://news.yahoo.com/cbo-lowers-cost-forecast-obamacares-insurance-subsidies-225045336--finance.html;_ylt=AwrBT7ak1MdUKTsAmt5XNyoA

...lower than expected..."
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Re: Obamacare program costs $50,000 in taxpayer money for every American who gets health insurance

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