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The Not-So-Affordable Care Act: 11 Million to Pay MORE Under New Regs

ObamaCare-Socialized Medicine

By it’s very name (versus its real-life consequences), ObamaCare is Orwellian at best.

As expected, the evidence just keep keeps piling up as stated in this Businessweek article:

It’s easy to see why the Obama administration buried this report (PDF) on a late Friday afternoon news dump at the end of a holiday week. The headlines it prompted (after John Boehner alerted reporters on Monday) look terrible.

Indeed, 11 million workers in small businesses are likely to pay more for health insurance under the Affordable Care Act, according to the report from Medicare’s chief actuary. An estimated 6 million workers will pay less, as the law’s market reforms restrict what insurers can charge to cover employees who are sick or older or are women facing higher costs related to pregnancy and childbirth.

So, the ratio of those paying more for health insurance outnumbers those who may pay less is nearly two to one?

Somehow, Obama’s promise that people will see decreases in their health insurance premiums sounds only half true.

“If you like your health insurance rates, you can….” [Oh, never mind.]

Read the rest at Businessweek.

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