Remember when President Obama claimed that some people will see their premiums go down 3000%:
Politico reported that Obama won 67% of the youth vote who turned out in about the same numbers as in 2008. For their vote, they will pay higher premiums as the result of a new Obamacare rule:
One of the problems with Obamacare is that it is a poorly written bill. The administration keeps writing new rules to patch it up. The patches aren’t working.
At the present time, the elderly pay more for health insurance because they use it more and they cost more. Sometimes they pay five times higher premiums. Obamacare has ended that practice, allowing charges of no more than three times more according to age. In order to cover the shortfall this creates, the costs have to be placed on the premiums for the young.
In the end however, it will come full circle because the youth are going stay on their parents’ plan or take the fine over paying for insurance, leaving everyone else stuck with the bill.
Obamacare will be a disaster. There just isn’t enough money to pay for it. Obamacare is going to be the beginning of the end for our economy.
The Democrats did admit it was going to be full of holes but no one was listening:
Originally, the Democrats wanted 5-year jail terms and $250,000 fines for those refusing to buy health insurance and Nancy Pelosi didn’t have a problem with that:
In 2009, Obama wouldn’t rule out jail time for people who didn’t buy health insurance:
Eventually, that is where we will end up because there just won’t be enough money.