Friday, October 22, 2010

The Lies of Obamacare

By Bill Wilson
Yet more evidence is emerging that Obamacare is a lie, a complete fraud perpetrated on the American people. Prior to congressional enactment of the legislation, Barack Obama promised in his State of the Union Address that it would “reduce costs and premiums for millions of families and businesses.”

Now we know that’s a lie. Not only are insurance companies already warning of higher premiums because of Obamacare, now the Department of Justice (DOJ) is preparing to sue Blue Cross Blue Shield of Michigan because, get this, premiums are too low.

Specifically, because the insurer negotiates with hospitals and other health care providers for the lowest possible rates for its customers, Obama’s DOJ is arguing that that is increasing the costs for everyone else. Never mind that Blue Cross covers 2.4 million people in Michigan, or about 27.7 percent of those with insurance in the state.

Those 2.4 million people just are not paying enough, according to Obama.
Get full story here.

No comments: