Obamacare.net

Affordable Care Act Information & Healthcare Agent Network

Cons of Obamacare

A Picture of Charlotte Gilbert Charlotte Gilbert
07/14/2012

1. The largest tax increase in history — 21 separate tax increases and new taxes, 75 percent of which hit the middle class. $500 billion in total tax hikes. Examples: Individual mandate tax (2.5 percent of gross income). Employer mandate tax ($3,000 per employee). Investment income surtax (3.8 percent times interest, dividends, rents, capital gains, royalties, etc.) Medicare payroll tax hike. Special needs kids tax. Medical device sales tax. Tax increases due to reduced medical itemized deductions and reduced HSA deductibility. Blue Cross/Blue Shield tax hike. Tax on high-end health plans. Tax on innovator drug companies. Insurance premiums tax. Elimination of tax deduction for employer-provided retiree drug coverage. Etc.

These tax increases when the private sector is already struggling are reason enough alone for Americans to reject Obamacare. But the tax hikes are only one class of multiple problems with Obamacare.

2. Reduced choices in the variety of insurance coverage available. Leftwing, politically correct mandated coverages based on what D.C. bureaucrats feel must be included in your insurance. Another bureaucrat panel tells doctors what types of care won’t be allowable.

3. Higher cost because of all the new coverages mandated into every policy. Slanted news coverage mentions only trivial objectionable mandates like birth control, but some estimates indicate all mandates combined could double insurance costs. How is this controlling health care costs?

4. Complete loss of economic freedom by forcing you to participate in this snake oil scam — you must buy this pork-laden insurance at a pork-laden price.

5. To pay for Obamacare, $500 billion stolen from a Medicare system that’s already broken. Many seniors will see Medicare premiums increase substantially to keep Medicare solvent.

6. A whole new class of serfs — co-dependents on the government dole; receiving government subsidies to help pay these monstrous insurance bills. With the phased-in cutoff at 400 percent of the poverty level ($92,200), most Montanans are now on the government dole. Government won’t pay all the cost of your health insurance — just enough to make you subservient … and quiet … and compliant.

7. One of the biggest government spending programs in history, $1.2 trillion-plus when we’re already on the verge of bankrupting our children’s future.

8. History proves that command-and-control government-run economies are less productive than free enterprise. As government-run, economically socialized countries continue to collapse and face financial crisis worldwide; D.C. geniuses have just converted one-sixth of the US economy from the free-market system (which produced the greatest medical advances in human history), over to government command-and-control which punishes productive, healthy people to subsidize those who produce less and consume more on the government dole. Result — less productivity. America will be one-sixth less productive than it was, and our children and grandchildren will be one-sixth poorer for our stupidity. To quote the Genius-in-Chief, “We live in the greatest nation in the history of the world … I hope you’ll join with me, as we change it.”

Churchill pointed out that “Capitalism may well be the unequal distribution of wealth, but socialism is certainly the equal distribution of poverty.” In our quest for socialized health equality, we are now one-sixth the way down the road to economic poverty, and poorer over-all healthcare as well.

How did we get here?

Insurance companies made a deal with the D.C. devil. They got government to guarantee them customers, irrespective of insurance quality or cost, through compulsory insurance laws; and they traded off your freedom of choice in variety of health insurance. You paid for all sides of this insurance company/big government windfall — fewer choices in the types of coverage and care, higher cost because the new required coverages will drive up the price, slower economy and wage growth, and loss of even your freedom to abstain from participating in this scam … and 21 higher taxes to boot. Your politicians and new government healthcare provider have just committed political med malpractice on a catastrophic scale.

Joe Balyeat is a CPA tax specialist who serves as the Montana state director of Americans for Prosperity. As a former state senator from Bozeman, he chaired the Senate Business, Labor & Economic Affairs Committee.

15 Comments

  1. Charlie315 July 31, 2012

    Obamacare is nothing like the Heritage offerings.
    Someone please tell me how 21 new or increased taxes will help us out of
    this depression? How does giving more free stuff to the poor help the
    build our middle class? Who thinks government will make healthcare
    better?

  2. Deborah August 11, 2013

    What happens to the spouse who has been covered with health insurance and does the family caregiving (not paid, of course)? Is Obamacare going to split up families? Because US families have intricate networks of caregiving within them and mostly unpaid.

  3. Charlotte Gilbert August 11, 2013

    Possibly. Employers are now only REQUIRED to cover the employee and the dependent children.

  4. Charlotte Gilbert August 11, 2013

    experts say more firms are likely to drop spouses altogether, whether they work or not—especially when the new federal health-care exchanges open in 2014, providing an alternative for spouses left out in the cold. “When there’s a place for people to go, employers won’t feel as beholden or compelled to cover the spouse,”

  5. martha pope August 13, 2013

    please explain to me, how in the world is this going to work when Obama cant run the presidents office and the irs cant run the office of internal revenue, just think how will they stay off the airforce 1 and line dancing long enough to get us to the hospital.

  6. Larry Fisher August 27, 2013

    I work for the largest employer in the state of Nevada. All they are doing is reducing everyone to part time under 30 hrs per week. They dont have to cover dick. Now I have to by law buy insurance I can’t afford with my 20-30 hrs per week of work. I love the IDEA of Obamacare, but it’s being poorly implemented when employers all over the country can just screw the employee down in hours and then make them poorer to boot!

  7. ev September 25, 2013

    That’s just it they want to do away with the middle class. Leaving the rich & the poor.

  8. martha pope September 27, 2013

    obamacare is the worst thing that this country has ever had to deal with. we are not a sick nation. does he think that he is smarter than the majority of the people, who don’t want it,how does he know,he has never had a job.

  9. Anonymous September 29, 2013

    Their is no middle class you are either rich are poor live with it, everyone else is. If you want to change it, do something about instead of complaining.

  10. Jerry October 10, 2013

    Very rude comment. Some people are not able to work, or get a high paying job.
    You must be in the rich category with a hateful answer like that.

  11. American by birth and by choice October 13, 2013

    What has happened to our freedom’s in America that our men and women have fought so hard to ensure. We are slowly but surely loosing those freedoms bit by bit. We should not be bullied by our own government. Are we turning into a dictatorship? Are we the people loosing our voice? What happened to our elected officials being for the people and by the people? Really America, we have gone from being in a recession to shutting down the government. It’s time we step back and take a look at the big picture, and took America back.

  12. Tamara October 26, 2013

    New tax increases will help bring money into the government. If you government has money, it is able to reinvest in itself and its people.

  13. Elizabeth November 13, 2013

    Agree with your comment, except, I think we are a sick nation, or rather a good majority of Americans are sick and/or unhealthy – but this cannot be solved by giving the government control over healthcare, people need to take care of themselves.
    I am in the group of people that would qualify for obamacare but I have absoltuely no intention of going along with it even though it would save money – to save money would cost too much of something more valuable.

  14. Ron Rybar December 23, 2013

    I warned my reprasenatives that they would have very little say in whats going on in our country.My reprasentatives should be ashamed of themselves for voting for oboma care

  15. RUTH BAIR February 14, 2014

    THIS STUFF IS FOR THE BIRDS. I WORK FOR ONE OF THE LARGEST NON-PROFIT AGENCIES. (NOT RED X) I WENT FROM 39 TO 29 HOURS SO THEY DON’T HAVE TO GIVE ME SQUAT. INS. COST IS 830.00 PER MONTH. DID NOT QUAILIFY FOR SUSIDY OF 147.00. THEY DON’T HAVE TO TELL YOU WHY. GOT A COVERAGE CALLED CARESOURCE JUST 4 ME. WAS TOLD ALL MY DOCTORS AND HOSP WERE PROVIDERS. LIE. LIE. LIE. PAYING FOR NOTHING. CAN’T GET DRS THAT HAVE BEEN CARING FOR MY CANCER THE LAST YR TO KEEP GIVING ME HEALTH CARE. MOST PLACES HAVE NEVER HEARD OF THIS INS. WHY DID THEY NAME IT ALMOST THE SAME AS MEDICAID? IF I COULD GET ON MEDICAID (58-SICK-NO KIDS) IT WOULD PAY FOR EVERYTHING!!!! THIS SHIT PAYS NOTHING BECOUSE THERE ARE NO PROVIDERS IN MY COUNTY OR WITHIN 30 MILES FROM MY HOME. WHAT A CROCK. P.S. IT’S NOT FRIGGING AFFORDABLE. TAKES MY ENTIRE PART TIME CHECK FOR PREMIUMS. THE MEN IN DC NEEDS TO WAKE UP OR GET OUT. THEY ARE ALL OUT OF TOUCH. I’M SURE THIER EXPENSE ACCOUNT IS MORE THAN MY GROSS YEARLY INCOME.