The facts are coming out about the ObamaCare bill, the so-called Patient Protection and Affordable Care Act. Of course, we first had to pass the 2,700-page bill “to find out what’s in it.” First, the cost, first estimated at $900 billion over 10 years, will be $1.76 trillion, according to the Congressional Budget Office, or double.
Second, half a trillion dollars, $500 billion, was taken from Medicare funding over 10 years, because we so value “the greatest generation.” That transfer allowed Democrats to claim ObamaCare was completely funded. And Democrats cry that Paul Ryan wants to push seniors off a cliff!
Third, the legislation includes 700 sentences beginning, “The Secretary shall…” referring to Kathleen Sibelius, Secretary of Health and Human Services (HHS). Sibelius has granted the state of Maine a waiver from a critical provision of the law (Maine is a Blue State), while denying a waiver to the state of Oklahoma (a Red State). How was this decision made? It’s none of your business. As of January, about 1,200 employers, most of them unions, had been granted waivers. ObamaCare gives the Secretary of HHS vast powers of decision-making, and seemingly no accountability to the Congress, which passed this monstrosity.
Large employers are telegraphing their intentions to pay the $2,000 per employee fine for dropping health care coverage rather than the $10,000 per employee cost of coverage. This will “flush” employees into a pool of Medicaid recipients, passing the costs of the insurance onto Uncle Sam. But not to worry — Uncle Sam can always borrow more from China.
A fellow who is an ObamaCare expert quoted in The Wall Street Journal is our speaker this Thursday, May 17, at 6:30 p.m., at Rockton Community Centre, 302 W. Main St. C. Steven Tucker is lively, informed and can answer your questions. All are welcome.
From the May 16-22, 2012, issue