Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

3/21/2013 (2 years ago)

Catholic Online (www.catholic.org)

Health care reform 'breaks its core promise' to make healthcare coverage affordable

Three congressional committees, after months of exhaustive research have yielded startling news about the dire effects of health care reform, aka "Obamacare." U.S. President Barack Obama's signature legislation could increase health insurance premiums by over 200 percent -- rendering insurance coverage unaffordable for millions of Americans, breaking "its core promise" to make healthcare coverage affordable.

The most costly requirements go into effect in 2014. Households earning as much as $46,000 a year will receive no premium assistance, yet will be forced to accept 'unaffordable' premium increases, the report states.

The most costly requirements go into effect in 2014. Households earning as much as $46,000 a year will receive no premium assistance, yet will be forced to accept "unaffordable" premium increases, the report states.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

3/21/2013 (2 years ago)

Published in Politics & Policy

Keywords: Obamacare, health care reform, premiums, young Americans


LOS ANGELES, CA (Catholic Online) - Entitled "The Price of Obamacare's Broken Promises," the report was prepared by House Committee on Energy and Commerce, Majority Staff; Senate Committee on Finance, Minority Staff and Senate Committee on Health, Education, Labor and Pensions, Minority Staff.

"Studies and analyses from the Congressional Budget Office, independent actuaries, state insurance commissioners, health plans, benefit consultants, and others have reached the same conclusion: Obamacare will significantly increase premiums," the congressional report states.

"Some estimates show some Americans facing startling premium increases of 203 percent because of the law.

"Higher healthcare premiums are the last thing single young adults and working families can afford. Yet contrary to what the president promised, that is exactly what Obamacare is projected to do."

The most costly requirements go into effect in 2014. Households earning as much as $46,000 a year will receive no premium assistance, yet will be forced to accept "unaffordable" premium increases, the report states.

The Affordable Care Act will be particularly harsh on young Americans ages 21 to 29, as those with individual coverage will see their healthcare premium rise by an average of 189 percent.

In addition, the healthcare reform bill mandates that individuals pay the same premiums regardless of future anticipated medical expenses, leading to sharply increased premium costs for those under 50.

Obamacare also requires that individuals purchase coverage that includes a range of "essential" health benefits, including coverage for preventive services, chronic disease management, and rehabilitative services. This restricts consumers' choice in the design of their health plans as well as adding to their insurance premiums.

The law imposes $165 billion in new taxes and fees on health plans, drug manufacturers, and device makers, and these costs will be largely passed on to consumers in the form of higher premiums.

One study predicts that Obamacare's health insurance tax will boost premiums by more than $7,000 over ten years.

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for May 2015
Universal:
That, rejecting the culture of indifference, we may care for our neighbours who suffer, especially the sick and the poor.
Evangelization: That Mary's intercession may help Christians in secularized cultures be ready to proclaim Jesus.


Rosaries, Crosses, Prayer Cards and more... by Catholic Shopping .com


Comments


More Politics & Policy

ENROLLMENT ZERO: No one signs up for Obamacare in Hawaii - NO ONE Watch

Image of Suppose they gave universal health care - and no one came?

By Catholic Online (NEWS CONSORTIUM)

Suppose they gave universal health care - and no one came? That appears to be the case in Hawaii, where Hawaii's Obamacare Exchange enrolled a grand total of ZERO - simply no one, people during its special enrollment period. While Hawaii's enrollment was a ... continue reading


ANOTHER LIE: Hillary Clinton's email scandal grows Watch

Image of

By Abigail James (NEWS CONSORTIUM)

Hillary Clinton is caught in another lie regarding her private email account usage. According to the New York Times, Clinton used more than one private account while serving as secretary of state. LOS ANGELES, CA (Catholic Online) - The news of another private email ... continue reading


President Obama seeks to end immigration enforcement on part of local police Watch

Image of President Obama hoped to rebut the notion that he is insensitive to the plight of police officers on the front lines.

By Catholic Online (NEWS CONSORTIUM)

President Barack Obama, while in Camden, New Jersey, said that in order for local police to rebuild trust within their communities, immigration enforcement must be taken away from state and local police and remain strictly the domain of federal law enforcement. ... continue reading


The Clintons have earned WHOPPING $25 million to deliver speeches since last year Watch

Image of Hillary Clinton has made $3.2 million from the tech sector. One of her last speaking gigs on the paid lecture circuit; she addressed an eBay summit aimed at promoting women in the workplace. Her 20-minute chat garnered a $315,000 check.

By Catholic Online (NEWS CONSORTIUM)

Former first family, the Clintons, at one time claimed they were broke. If so, this was before last year, when both Bill and Hillary delivered 104 speeches for a total of $25 million. Hillary Clinton is especially popular with high-tech firms, who eagerly shell ... continue reading


President Obama cracks down on military equipment for U.S. law enforcement Watch

Image of Making his announcement in Camden, New Jersey, the president praised efforts by the police department to improve their relationship with a poor community struggling with violence.

By Catholic Online (NEWS CONSORTIUM)

U.S. President Barack Obama gave law enforcement a dressing down this week - literally. Obama has placed new restrictions on the amount of combat-style equipment local law enforcement can use. The gesture is intended to smooth over relations with racial ... continue reading


'Iraq is the biggest disaster in American history,' former Secretary of State Madeleine Albright declares Watch

Image of Former Secretary of State Madeleine Albright believes

By Catholic Online (NEWS CONSORTIUM)

Former Secretary of State Madeleine Albright spoke plainly when discussing the ongoing Middle East crisis. "Iraq is the biggest disaster in American history," Albright declared late last week. LOS ANGELES, CA (Catholic Online) - "I have believed that Iraq is the ... continue reading


Somebody's 'Mook?' Hillary Clinton's campaign manager interned for George Stephanopoulos Watch

Image of Yo, Mook!

By Catholic Online (NEWS CONSORTIUM)

George Stephanopoulos is in hot after currently donating to the Clinton Foundation. Adding to the web of deceit, it was discovered that Stephanopoulos thanked Hillary Clinton's campaign manager, Robby Mook in the acknowledgement section of his 1999 tell-all ... continue reading


'Net neutrality' may lead to online content control, FCC commissioner warns Watch

Image of FCC Commissioner Ajit Pai warned on Fox News Radio's

By Catholic Online (NEWS CONSORTIUM)

Censorship by any other word is a threat to freedom of thought and speech. FCC Commissioner Ajit Pai warned on Fox News Radio's "The Alan Colmes Show," that the government taking control of the infrastructure of Internet with "net neutrality" will lead to ... continue reading


LIES, LIES, LIES! How will George Stephanopoulos be held accountable? Watch

Image of George Stephanopoulos is a former Bill Clinton representative and aide. His ties to the former first family are everywhere.

By Catholic Online (NEWS CONSORTIUM)

It was a lie - followed by another lie. ABC News chief anchor George Stephanopoulos says he is sorry, but somewhere along the line, he must be held accountable. Stephanopoulos contributed to the Clinton Foundation without full disclosure to the network or ... continue reading


Rubio blasts Obama for making the U.S. weak and damaging international relations Watch

Image of Florida Senator Marco Rubio is one of the GOP candidates most likely to win the presidency, and has been hard on Obama's foreign policy choices.

By Matt Waterson (NEWS CONSORTIUM)

During a Council on Foreign Relations event in New York on Wednesday, Florida Senator Marco Rubio, a Republican presidential hopeful, blasted President Obama's handling of the military, claiming that America's ideological and military strength has seriously ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Acts 25:13-21
13 Some days later King Agrippa and Bernice arrived ... Read More

Psalm, Psalms 103:1-2, 11-12, 19-20
1 [Of David] Bless Yahweh, my soul, from the depths ... Read More

Gospel, John 21:15-19
15 When they had eaten, Jesus said to Simon Peter, ... Read More

Saint of the Day

Saint of the Day for May 22nd, 2015 Image

St. Rita
May 22: St. Rita was born at Spoleto, Italy in 1381. At an early age, ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter