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Wednesday, October 13, 2010

FREE ISN'T FREE!

What do you think when you hear the word "free?" If you are like me you know that NOTHING is FREE, EVER. So when Obama says your health care under Obamacare is "free" you can bet it isn't.

What he doesn't tell you is that you will be paying for 100% of your preventative services up front in the form of increased premiums. Are you one of the millions of Americans who has received a health insurance premium increase? Well, one reason is the "free" preventive care. Another is the "free" diagnostic care. Another is insuring kids on their parent's policies until the age of 26. And the biggest reason? The elimination of lifetime caps. Obamacare says to insurance companies, you MUST pay all bills, no matter what, for a lifetime. Therein lies the biggest reason your premiums have gone up and will continue to go up.

Think about it. If your car insurance or home owners insurance suddenly had no caps those premiums would rise dramatically too. If you subscribe to cable TV and pay for 25 channels your cable company cannot suddenly say channels 23, 24 and 25 are free. You are already paying for them. Good grief, Washington must think Americans are too stupid to figure it out.

The insurance companies are currently operating on a 4% net profit margin. That is not an unreasonable percentage for a business. But when they have to cover all of the mandates in Obamacare the money has to come from somewhere. The insurance companies cannot cover everything and still make their measly 4% profit. When you get more coverage, you have to pay more. The Tooth Fairy and Easter Bunny simply do not exist.

According to Obama's own projections your premiums are going to soar much higher than if Obamacare had not passed, and this is going to happen until 2019 and into the stratosphere.

And guess what? Many Congressmen and Senators who voted for Obamacare are now acting surprised by what is happening with premiums. They are trying to distance themselves from Obamacare. They are claiming they didn't know about the premium increases.

But don't fall for their false pretenses of "ignorance." They were warned by the Congressional Budget Office last March, BEFORE they voted for the bill, that it would dramatically raise premiums.

They knew they were voting to take money out of your pocket and despite a massive outcry from Americans against the bill, they voted for it anyway. They stepped all over us.

November is coming. Don't forget what they did to us on Election Day.

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