Obama to spend $684 million to market Obamacare

21NewTaxesAlthough the law already passed Congress, the Associated Press reports that our president plans to spend (read: waste) over $680 million dollars of taxpayer money advertising Obamacare, the healthcare law that puts government first, raises costs and re-affirms the innate bureaucratic mess that accompanies virtually every government initiative.

Targeted at our nation’s uninsured, advertising agencies are tasked with finding a way to connect with lower-income people to show them how wonderful and exciting taxpayer-funded healthcare can be.  According to polls, very few of our nation’s uninsured know about Obamacare.

One thing is certain: Our nation’s pompous and reckless executive branch is out of control, spending hundreds of millions of dollars on a law that already passed Congress.  Not only are the American people forced to fund this monstrosity through the corrupt Internal Revenue Service, but now, Americans are also forced to fund a marketing campaign designed to make people believe in the law’s supposed virtues – in carefully-selected swing states I’m sure.

Once again, our nation’s taxpayers are forced to shoulder the excessive burdens of D.C.’s unwavering desire to control virtually all facets of American life.  When government controls healthcare, they control a very large segment of the voting population, solidifying their own political careers and the omni-present federal government in the lives of each one of us.

Let’s sum up all of this: Obamacare passed Congress.  Obamacare has already forced many companies (and even local governments) to cut hours to save on the law’s new costs.  Speaking of costs, Obamacare is demonstrably raising costs for many, and polls routinely find that the majority of Americans would repeal Obamacare if they could (Republicans can’t).

But yet, the government is forcing the American people to shoulder the burden of marketing this clearly unpopular monstrosity by throwing more of our money around with reckless abandon, ignoring its constitutional limitations and reinforcing the clearly-evident fact that Washington D.C. is the biggest, most irresponsible and downright corrupt government that we have ever seen.

Obama to delay enforcement of Obamacare mandate

The Obama Administration will delay enforcement of key provisions of the wildly unpopular “Affordable Care Act”, known as Obamacare, until 2015 in response to mountains of complaints from companies nationwide regarding its strict reporting requirements and coverage demands.  For the next two years, businesses will not be punished if they do not provide health care coverage under the tenants of the new law.

According to officials, the delay is to help the administration simplify reporting requirements.  Not so coincidentally, delaying the law’s enforcement until 2015 also allows mid-term elections to proceed without the burden of democratic politicians defending the law and its ramifications to businesses and employment in key battleground states.

The law hits smaller businesses the most.  It requires that businesses with more than 50 employees provide health coverage based on a series of eligibility requirements.  The corruption-prove Internal Revenue Service has been tasked with the implementation of the law, demanding that businesses submit substantial paperwork to satisfy the new regulations.

Even unions are fighting back against ObamaCare

If you want something laughably ironic, read on: According to the Washington Examiner, even one of Obama’s biggest supporters, the United Union of Roofers, Waterproofers and Allied Workers, are starting to fight back against the turmoil that the new ObamaCare legislation is bringing to their, as well as those of many others, workforce.

Believing that the union has been completely ignored in the rush to pass the health care monstrosity last year (and they were, along with hundreds of others), the union is arguing that the law will not only cause their staff significant work and resources to properly conform to the new regulations, but it creates “an unfair bidding advantage for those contractors who do not provide health coverage to their workers, and in the worst case, may cause our members and their families to lose the benefits they currently enjoy as participants in multi-employer health plans.”

I hate to say “I told you so”, but hell, I’ll say it anyway: “I told you so”.  Whenever government involves itself in the business of private enterprise, costs NEVER decrease.  Despite the name “Affordable Healthcare Act”, the miles-long list of regulations wind up costing companies and workers significant time and money (millions, in many cases) as they scramble to comply with Washington’s feel-gooderies.

But this was no secret.  Even a cursory view into history provides ample evidence of this phenomenon.  Why would this union – or any other union or business, support such a bill anyway?  The fact is they did originally support it (God only knows why).  Now that reality has finally set in, they now get to feel what so many others have already felt, and why more and more companies and most clear-thinking individuals are running away from this incomprehensible behemoth.

Regal theaters newest casualty of ObamaCare

Regal Entertainment Group, the company that owns and operates the largest chain of movie theaters in the nation, announced to its workforce that it will be cutting back the hours of thousands of workers in response to the new standards set by ObamaCare and how the new health legislation defines a full time worker.

Due to the increase costs of complying with ObamaCare, the company wrote in a letter to be distributed to those effected, employees will be “scheduled in accord with business needs and in a manner that will not negatively impact our health care budget”.  In other words, hours will be cut back to 30 in order to put them under the new threshold established by the federal government that now requires companies to provide health coverage.

Once again, government regulations end up costing the American people.  Ironically, ObamaCare actually targets lower-income workers because, as hourly employees, it is this workforce that naturally feels the largest burden of working hour cutbacks.  Big government strikes again, and the American people are left shouldering the burden.

Which part of Obamacare do bumper sticker supporters love most?

obamacare21After the passage of Obama’s War on Health three years ago – otherwise known, laughably, as the “Affordable Care Act” – cute little “I [heart] Obamacare” bumper stickers have floated around communities throughout the United States as a way for people to pledge their support for rising costs of healthcare.  But inquiring minds want to know…which part of Obamacare do they love the most?

Do they love the fact that this law is forcing employers to cut the hours of unskilled workers so they fall below the threshold of “full time”, or cutting back on hiring because of the increasing costs of healthcare?  Part-time workers have increased by almost 20% in the last three years alone.  Coincidence?

Or maybe they love the planned layoffs that the costs associated with these new healthcare regulations are prompting many smaller businesses to consider as they cope with the known – and unknown – burdens of Obamacare?

They may love the fact that the younger and healthier population will be raked over the coals as Obamacare gets fully implemented, losing access to their low cost plans of today in favor of more expensive policies of tomorrow – as reported by the Huffington Post (yes, THAT Huffington Post).

Perhaps they love the wholesale increase in premiums and fees that are associated with Obamacare, like the premium tax now paid by insurers (and passed on to their customers, of course)?  Some estimates put the increase in premiums at a whopping 169% and, according to Forbes Magazine, an average of $3,065 per person.

obamacare-taxesBut maybe that’s not it.  I bet they love the fact that Obamacare will add another $6.2 trillion to our nation’s deficits over the coming decades, according to a report by the Government Accountability Office (GAO).

Closely related, maybe it warms their hearts to know that the true cost of Obamacare is a whopping $233 billion MORE than the government advertised when the legislation was signed into law?

It is possible that lovers of Obamacare enjoy bureaucracy.  According to the Associated Press, applying for coverage and benefits under Obamacare is as complex as doing your taxes and requires a 21-page form to be filled out and submitted.

Another possibility is those who support Obamacare find hope in a recent survey that found 60% of U.S. doctors, due to Obamacare, are far less optimistic about the future of medicine and healthcare in the United States.

According to the Wall Street Journal, “The congressional Democrats who crafted the legislation ignored virtually every actuarial principle governing rational insurance pricing”.  Do bumper sticker supporters of Obamacare love that part, too?

Now that is true love.

CBO: 7 million to lose health insurance under Obamacare

Article Highlights

  • Obamacare to cost 7 million people insurance coverage
  • Businesses struggle to keep up with new regulations
  • Obamacare to cost taxpayers $1.165 trillion over 10 years

According to the Congressional Budget Office, the costs required to meet the demands of Obamacare will cost 7 million people their insurance coverage as companies struggle to sift through the new law.  This was twice the original estimate.

“CBO said that this year’s tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so,” wrote the Washington Times.  “Instead, they’ll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.”

Over the next 10 years, the new healthcare law will cost the government an estimated $1.165 trillion.

This comes as several governors, who had previously vowed to oppose the new government mandate, caved to federal pressure and promises of money.  Ohio governor John Kasich now supports the measure in his state, along with governor Jan Brewer of Arizona.  According to Kasich, his reason to now support the law was to avoid “leaving Ohioans’ federal tax dollars on the table and keeps the federal government from simply giving them away to other states.”

Free money.

$1 trillion in new Healthcare taxes hits Americans Jan 1st

Among the wide ranging new regulations, taxes and costs associated with Obamacare, a portion of its effect hit Americans today in the form of twenty new or higher taxes.  Highlighted below are some of the more devastating increases to the tax burdens of typical Americans.

Starting today, a new 2.3% tax will hit medical device manufactures.  “In addition to killing small business jobs and impacting research and development budgets, this will increase the cost of your health care – making everything from pacemakers to artificial hips more expensive,” wrote the Americans for Tax Reform organization.

Americans who enjoy a Flexible Spending Account to help pay for basic healthcare items will now face a new $2500 per year federal cap on expenses.  No cap on FSA spending was enforced at the federal level last year, although employers typically enforced their own spending caps (~$2500 for individuals and ~$4000 for families).

Last year, Americans were allowed to deduct from their taxes medical expenses that exceeded 7.5% of their Adjusted Gross Income, or AGI.  Today, that deduction threshold has been increased to 10%, requiring Americans to pay more for medical expenses before deductions can be made.

Lastly, Americans earning more than $200,000 annually (or $250,000 for married couples) will see a 3.8% increase in Medicare taxes, which will directly effect self-employed workers and small business owners in the United States.

Once again, Americans who already pay the majority of federal income taxes will shoulder the majority of the new burdens imposed on Americans for “cheaper” healthcare under the new Obamacare law.