Glimpse at Obamacare Math; Premiums up 25%

Proposed premiums for new policies for individuals will rise by 25 percent on average next year due to the ironically named “Affordable” Healthcare Act. In the latest preview of prices for health coverage under the Affordable Care Act, Maryland’s dominant insurer says proposed premiums for new policies for individuals will rise by 25 percent on […]

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Home Depot Co-founder: Obamacare Will ‘Kill Off’ Small Business

Retired Home Depot co-founder Bernie Marcus declared to Newsmax TV in an exclusive interview that “Obamacare is going to kill off small business.” “If [employees] are thrown out of their medical plans now, where they’re covered in a good plan and thrown under the bus, they’re going to be destroyed,” Marcus said on Thursday. “If, […]

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Obamacare: Turning away cancer patients

Cancer clinics nationwide are turning away thousands of Medicare patients due to the sequester budget cuts that Obama put in place in the summer of 2011. The Washington Post reported the reduced funding, “which took effect for Medicare on April 1, makes it impossible to administer expensive chemotherapy drugs while staying afloat financially.” If we […]

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Seven million to lose insurance under Obamacare

President Obama’s health care law will force over 7 million people out of their job-based insurance coverage,  nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday. CBO said that this year’s tax cuts have changed the incentives for businesses and made it less attractive to pay for […]

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Obamacare Layoffs, Hiring Freezes Begin

Obamacare opponents warned that forcing companies employing 50 or more full-time workers to buy healthcare would prompt employers to slash jobs and worker hours.  And that’s exactly what’s happening,says one of President Barack Obama’s favorite economists, Mark Zandi of Moody’s Analytics. “It will have a negative impact on job creation” this year, says Mr. Zandi. The Obamacare employer […]

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