The Obama administration’s continued devastating lies about healthcare

Based on anecdotal evidence from business owners, insurance brokers and the
media, insurance premiums on policies renewed for 2010 and 2011 are increasing
20 percent to 40 percent. These rising premiums are driven by mandated coverage
that includes free or low-cost preventive care, non-exclusion of children with
pre-existing medical conditions, required coverage for children up to age 26
and the elimination of lifetime medical reimbursement limits.

Americans may recall that Mr. Obama promised, “If you like your healthcare
plan, you can keep your healthcare plan.” While this mandated coverage in
the healthcare reform legislation may be desired by some people who are willing
to pay the cost, there are certainly other medical insurance consumers who
would rather have their current lower-cost coverage. However, under the
legislation, contrary to the president’s assurance, they are not permitted to
keep their preferred lower-cost healthcare plans.

The healthcare reform legislation also will have a devastating impact on the
spending power of working Americans and our economy as the higher premiums kick
in. In order to understand this impact, it is instructive to look at the actual
impact of the legislation on a small company. In 2010, some companies’
plans cost approximately $15,000 per year for family healthcare coverage, of
which the company paid 60 percent and the employee paid 40. For 2011, the
premium for this coverage will increase 30 percent, or $4,500. The average
non-management employee in this company earns $30,000 per year. The employee’s
share of the increased premium will cost $1,800. That is equivalent to a 6
percent pay cut for the average worker. The legislation will not allow them to
keep their old policy at a lower cost.

Do you now feel misled by the Obama administration, or just outright lied to to
further their passage of this atrocious bill ?

Armstrong Williams is on Sirius/XM Power 169, 7-8 p.m. and 4-5 a.m., Monday through Friday. Become a fan on Facebook at www.facebook.com/arightside, and follow him on Twitter at www.twitter.com/arightside.