There has been a lot of confusion regarding ObamaCare and what it will do for health care in America. Since it's passage earlier this year, Americans have increasingly disapproved of the legislation. The House Republican Policy shop wanted to clear up a few of the myths floating around about this bill. Read a couple to get you started below and follow the last link to find a more comprehensive list. Here you go:
ObamaCare MYTH: “And over time, costs will come down for families, businesses, and the federal government, reducing our deficit by more than $1 trillion over the next two decades. That’s what this reform will do.” President Obama, April 1, 2010
ObamaCare REALITY: Recently, President Obama’s Center for Medicare and Medicaid Services (CMS) said that ObamaCare will increase health care spending by 6.3 percent annually and will cause health care to consume almost 20 percent of the our nation’s health care bill.
ObamaCare MYTH: “This law will cut costs and make coverage more affordable for families and small businesses.” President Obama, June 22, 2010
ObamaCare REALITY: ObamaCare is causing health insurance prices to increase. The Wall Street Journal reported that ObamaCare is causing rates to increase up to 20 percent for some buyers. In Connecticut, rates are increasing 18 percent for small businesses and 14.2 percent for the self-employed, early retirees, and others who buy their own coverage on October 1, 2010.