Thursday, October 24, 2013
More Good News on Obamacare!
Honestly, why does anyone believe anything said by a Republicon or one of their GOPropaganda mouthpieces? No doubt you've heard all that GOPster wailing and gnashing of teeth, blaming Obamacare for increasing premiums (cuz ya know they haven't been going up much faster than the rate of inflation for over a decade now, right?).
Well here's the real news:
Obamacare premiums are even LOWER than those previously projected by the non-partisan Congressional Budget Office due to competition among the private insurance companies in the market place, especially new companies.
This means that our federal government will save an additional $190,000,000,000 (that's billion) over the next 10 years in reduced cost for subsidies.
These savings will raise the amount of deficit reduction to be realized by the law by 174% to a total of $300B.
The lower premiums are projected to mean an additional 700,000 fewer uninsured Americans, whose families will now have the security and quality of life that goes with access to healthcare.
It's your government and It's Working!