ObamaCare 'rates' & reality
The latest ObamaCare fabrication, exposed by the health system's own numbers cruncher, is that government-directed medical care somehow will reduce small-business premiums by 4 percent — and by as much as 25 percent in 2016.
But the dream proffered back in 2009 by President Obama has become today's nightmare, as detailed by the actuary for the Centers for Medicare & Medicaid Services: 65 percent of small businesses offering insurance will see their rates go up.
And that will affect about 11 million workers, according to Investor's Business Daily.
Although the actuary's report doesn't say how much rates will rise, studies cited by Investor's Business Daily peg the hike between 12 percent and 20 percent. Which businesses are likely to see their rates inflate? Why, those that employ younger — and healthier — workers, who under ObamaCare inevitably must pay more to keep the scheme afloat.
Naturally, House Minority Leader Nancy Pelosi and other Democrats are calling the report “incomplete.” Just last summer, Mrs. Pelosi insisted that ObamaCare “lowers costs” for small business.
“Notice that nowhere — either before or after ObamaCare passed — did any Democrat say anything about two-thirds of small businesses paying more for health coverage so the lucky one-third could get rate cuts,” Investor's Business Daily opines.
And such abhorrent deceit won't end until the deceived demand ObamaCare's repeal.