Wednesday, November 14, 2012

Facing the reality of ObamaCare

It's not enough to only observe the constant stream of layoffs in the wake of Obama's reelection and assured implementation of ObamaCare. Betsy McCauphey writes an important piece that states since our chance of repeal has passed, we have to face the reality of what's in store for the majority of Americans...

NewYorkPost: President Obama’s re-election and Democratic gains in the US Senate end any possibility of repealing the Obama health law. It will roll out as written, imposing major changes soon on you and your family. If you are uninsured because you can’t afford it, help may be on the way. But if you are one of the 250 million Americans with coverage, there are big problems ahead.

I'll bullet point the problems that McCauphey highlights to move this along:
  • If you get your health insurance through a job, you might lose it as of Jan. 1, 2014.
  • When you file your taxes, you will have to show proof that you are enrolled in the one-size-fits-all plan approved by the federal government.
  • If you’re a senior or a baby boomer, expect less care than in the past.
  • For the first time in history, the federal government will control how doctors treat privately insured patients.
  • If you sell your house and make a profit, you’ll likely be paying a new 3.8 percent tax on the gain.

Huh? What's up with that last one? Well, as most of you know (or should), ObamaCare wasn't about controlling health care cost; it was about controlling health care itself. It was about POWER over that industry, thus your health, thus more of your Life and Liberty. And as such, it's chocked full of earmarks, special favors and ill ideas served up from its authors and plethora of co-sponsors. Included in the legislative jargon is about half a trillion dollars in tax hikes, including a new 3.8 percent tax on gains from selling any asset (i.e., your home, small business, stocks or bonds, etc.), effective Jan. 1, 2013. That’s on top of capital-gains taxes and applies to any profit that pushes your income over $200,000. See how that $250K definition of 'rich' just kinda moves around?

These changes are spelled out in the 2,572-page law, but many more changes will be imposed by regulations yet to be written. The Obama administration is adding federal workers at a rapid pace to churn out and enforce new rules. The government’s own projections say the cost of health-care administration — bureaucrats telling doctors and patients what to do — will soar from $29 billion when President Obama was first elected to $71 billion by 2020, some $40 billion dollars a year more in bureaucracy.

Here's the kicker...

What a shame: That’s enough money to buy private health plans for fully half of all Americans who are now uninsured because they can’t afford it.

Putting all of this in perspective, when those regulations yet to be written are put into place, ObamaCare will transition into European-style single-payer coverage...inevitably failing the overall populace in the department of care and adding more to the bankrupcy of the nation. But the supporters of such a plan won't learn from the failures of our neighbors across the pond; rather, they have to experience first hand. Unfortunately, they take those of us who were against it from the beginning with them.

ADDENDUM: I know I said it's not enough to observe the constant stream of layoffs in the wake of ObamaCare's assured implementation, but...the irony in stories like this is just too much to overlook...

FoxNation: Stryker Corporation has announced that it will close its facility in Orchard Park, New York, eliminating 96 jobs next month. It will also counter the medical device tax in Obamacare by eliminating 5% of their global workforce, an estimated 1,170 positions.

Stryker, a member of the Forbes 400 list, was one of the top five donors to the Obama campaign. Having donated $2 million to the Priorities USA Action super PAC, Stryker also gave $66,000 in contributions to Obama and the Democrat Party.

Contribute to your own demise...that makes sense, no?