Green Room

Brutal: Obama vs. reality on Obamacare costs for small businesses

posted at 11:33 am on February 26, 2014 by

Via the Libre Initiative, here’s America’s Liar of the Year (not my words!) doing his thing in October of 2009. In a speech peddling Obamacare to small business advocates, the president warmed up with his shattered “keep your plan” vow before enthusiastically touting the glorious ‘affordability’ that awaited exchange participants:

What we will do is make the coverage that you’re currently providing more affordable…You’ll be able to get better deals than you could have ever received on your own.  In fact, small businesses that choose one of the plans in this exchange could save 25 percent on their premiums by 2016.”

The operation of said magical exchange, by the way, was just delayed for the second time, for another full year — with many small businesses being offered a single “option.” And now, 2014′s reality check, via — er – the Obama administration:

Nearly two-thirds of small businesses that currently offer health insurance to their workers will pay more for coverage as a result of new rules in the health care law, as will millions of small-business employees and their family members, according to new estimates released by the Obama administration…”We are estimating that 65 percent of the small firms are expected to experience increases in their premium rates while the remaining 35 percent are anticipated to have rate reductions,” CMS’ Office of the Actuary wrote in a new report.

These looming rate increases will compel many employers in the small group market (whose businesses fall below the employee thresholds established in the again-postponed employer mandate) to simply drop coverage for their workers.  Experts — including those within the administration — have projected that tens of millions of American workers will ultimately lose their existing employer-based coverage due to Obamacare.  Those employees will be shuffled into the individual market, where many will choose between paying significantly more for health insurance and forking over mandate-tax penalty payments to the IRS for the privilege of being uninsured.  You’ll recall that White House officials have repeatedly assured consumers within the employer-based market that the recent furor over canceled plans “doesn’t apply” to them.  “They don’t have to worry about, or do, or change anything,” Jay Carney told reporters in late October. According to the administration’s own numbers, that’s not even close to being accurate. This crew simply lies about Obamacare.  Period.

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“…and forking over mandate-tax penalty payments to the IRS for…”

The IRS is calling it the “shared responsibility payment.” We should use Orwell’s…I mean the IRS’s terminology with quotes whenever possible.

Youngs98 on February 26, 2014 at 11:42 AM

“…and forking over mandate-tax penalty payments to the IRS for…”

The IRS is calling it the “shared responsibility payment.”

Youngs98 on February 26, 2014 at 11:42 AM

Are you serious?

Eric in Hollywood on February 26, 2014 at 11:57 AM

Are you serious?

Eric in Hollywood on February 26, 2014 at 11:57 AM

Yep, it’s right here:

http://www.irs.gov/uac/Questions-and-Answers-on-the-Individual-Shared-Responsibility-Provision

ZenDraken on February 26, 2014 at 12:26 PM

This is what happens when people who live in a world of academia theory meet reality.

ButterflyDragon on February 26, 2014 at 12:31 PM

This is what happens when people who live in a world of academia theory community organizers meet reality are elected president.

ButterflyDragon on February 26, 2014 at 12:31 PM

FIFY

Shy Guy on February 26, 2014 at 12:49 PM

I love it, that the video screen-cap froze him in his natural (if usually invisible) two-faced state. What a duplicitous scumbag.

RRFCL on February 26, 2014 at 1:01 PM

I love it, that the video screen-cap froze him in his natural (if usually invisible) two-faced state. What a duplicitous scumbag.

RRFCL on February 26, 2014 at 1:01 PM

I thought that was just me, 2 Faced Yep.

D-fusit on February 26, 2014 at 2:11 PM

Obama = What happens when a Chris Farley movie comes true.

BobMbx on February 26, 2014 at 3:47 PM

This crew simply lies about Obamacare. Period.

But then they lie about everything. Period. No matter what. It’s what they do.

VorDaj on February 26, 2014 at 5:44 PM

…I hold the MSM responsible!

KOOLAID2 on February 26, 2014 at 7:32 PM

I’ve come to the conclusion that elected Republican leaders are about as able to focus “like a laser” on Robertobamacare as well as that fool in the WH is able to focus like a laser on jobs.

Every day, McConnell and Boehner should be out in front of the cameras reminding Americans what awaits them, that the only reason for these “delays’ is so they don’t find out about the costs until after the election.

Instead we get “immigration principles.” And today, what do we get — that idiot Camp wants to decimate neighborhood churches, wants to decimate the assets of the middle class.

And why is this? because it will reform entitlements? because it will balance budgets?

Of course not….so Camp won’t have utterly wasted his and his staff’s time the last three years.

I’d like to ask Toomey: did you run on gun control? And Mr. Rubio, you of course told your Florida voters that you were for amnesty, right? And of course the entire Republican House caucus ran in 2012, telling the American people — trust us, we will grant amnesty to 11 to 40 million illegal immigrants and — promise! — we will reform the tax code, including lowering your home values, slashing the mortgage interest deduction, and making sure small churches close up shop.

I swear to goodness….if it weren’t for liberal liars, the “political lie of the year” would go to the entire Republican leadership.

EastofEden on February 26, 2014 at 10:54 PM