One in eight small businesses have stopped providing health insurance since Obamacare was passed

Finding out what’s in it: One in eight small businesses have stopped providing health insurance since Obamacare was passed.

One of the great โ€œpromisesโ€ of [Obamacare’s] supporters was that insured people would be able to keep their current health insurance plan. As a practical matter that has not been true for a substantial number of small employers and their employees. Since enactment, one in eight (12%) small employers have either had their health insurance plans terminated or been told that their plan would not be available in the future.

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An Obamacare provision appears to force middle-class families to either buy unaffordable healthcare or pay a penalty

Repeal it! An Obamacare provision appears to force middle-class families to either buy unaffordable healthcare or pay the penalty for going without.

I wrote “appears to force” above because the issue at hand is so complex I don’t think anyone either in or out of the Obama administration truly understands it, another indication that the healthcare law is a disaster that needs to be ceremoniously dumped, and as quickly as possible.

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The fourth video showing Medicare fraud released

We’re here to help you: A fourth video was released today, showing the incredible willingness of Medicare employees to support drug smuggling, prostitution, and a host of other illegal activities in their effort to get applicants approved.

The first video was for me the most damaging — and sadly hilarious — with the government employee telling the so-called Russian drug smuggler and pimp for under-age prostitutes to put “baby-sitting” on his application instead.

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Public debt and the peril of Obamacare

Public debt and the peril of Obamacare.

Countries with universal healthcare fall into two camps:

1. Totalitarian regimes like Cuba and North Korea, and authoritarian Third World countries in the Middle East and Africa.

2. Western nations that free-ride off of American military spending and its provision of international security, but nonetheless run unsustainable budgets with immense debts trying to pay for their social welfare states. [emphasis mine]

In other words, we had better repeal this monstrosity or we face economic collapse, probably preceded by a dictatorship.

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New York City business owners sick over ObamaCare

New York City business owners are sick over Obamacare.

Small to mid-size businesses, which generate close to 70 percent of US jobs, fear ObamaCare could bury them in colossal bills and future paperwork, and are now paying the price as premiums have soared in anticipation of the new regulation. “ObamaCare has been very negative for our business,” Moishe Heimowitz, principal at First Medcare, a 50-employee medical practice based in Canarsie, told The Post. “The high costs of ObamaCare and our present health-care costs have impeded our efforts to hire more people.” [emphasis mine]

Obamacare has done nothing it promised. Why don’t we just bite the bullet, show some courage, and repeal the damn thing before it does more harm?

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Obamacare doesnโ€™t stop Medigap providers, AARP partners from discriminating against seniors

Surprise, surprise! Obamacare doesnโ€™t stop Medigap providers and AARP from discriminating against seniors with preexisting conditions, as had been promised.

This story is just more evidence that the law is a mess, it should never have been passed, and in the future our so-called lawmakers should read the goddamn legislation before they vote on it.

I should add that I think it a very big mistake for the government to forbid insurance companies from denying new coverage to sick individuals. If insurance companies are forced to accept everyone as a new customer, even those who are ill, why bother paying for insurance when you are healthy? Everyone can simply wait until they are sick, and then buy the coverage, thereby getting a lot of insurance for very little investment. The result: insurance companies go bankrupt, as the whole concept of insurance depends on a lot of healthy customers paying the cost, at a low rate, for those who are sick.

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