Obamacare and your premiums.

[BanginJimmy]

Remember how Obama said that 46 million Americans were uninsured and that the ACA was needed for them. He talked about how they were asking for this bill to be passed:
"We are not a nation that accepts nearly 46 million uninsured men, women and children" - Obama, June 2009
"Nearly 46 million Americans don't have health insurance coverage today" - Obama, August 2009

Of course, we all know that he revised that in Sept of 2010 - "We are the only democracy—the only advanced democracy on Earth—the only wealthy nation—that allows such hardship for millions of its people. There are now more than 30 million American citizens who cannot get coverage." - due to his initial counting of illegal aliens in his initial number.

So, the CBO estimated that 7 million Americans needed to sign up and pay up by Mar 31, 2014, on the federal exchange to make their numbers. So far, with only days left to sign up, we are at 4.2 million signed up, and the administration is not saying how many actually have paid for their selected plan - you know, actually have enrolled.
Administration: 4.2 million people signed up for Obamacare plans through February - Kyle Cheney - POLITICO.com

Selecting a plan is the equivalent of test driving a car - it means nothing until you sign the contract to pay for it. Obamacare's numbers are simply test drives, and are not saying how many have "bought the plan" (enrollment). And of those that actually did enroll, it appears that only 80-85% of them have actually paid for it so far.

The real question is - since Obama said that 30 million needed insurance, why aren't they signing up in droves?

I saw an article that said only about 10% of the enrollees were previously uninsured.
New health insurance marketplaces signing up few uninsured Americans, two surveys find - The Washington Post


Tell me again how this law is going to reduce the cost of health insurance? I havent seen it yet.

Oh, and according to my new Union Contract, my employer assumes my health care plan will qualify as a Cadillac plan when that goes into effect in 2018 so they are going to reduce coverages in order to fall below that threshold. Just more proof that the left is more about keeping people down than it is about bringing people up.

Recognizing the impending implementation of the healthcare legislation in 2018, it is the intent of both the Company and Union that none of the benefits provided in connection with the aforementioned health insurance benefits (e.g. medical, health care spending accounts) will cause the application of an excise or High Cost Coverage Excise Tax (Cadillac Plan Tax) as a result of providing such benefits with respect to The Patient Protection and Affordable Care Act (the “PPACA”). Accordingly, in order to avoid such a tax and in keeping with the intent of the parties, the Company and Union agree to meet after the 2018 rates for the medical plans have been finalized and if the actual rates for any plan are shown to be above the thresholds for triggering the 2018 tax, then the parties will meet in an effort to modify such plan(s) to avoid the excise tax