Obamacare costs $50,000 in taxpayer money for every American who gets insurance!

[Christians4LessGvt]

Tuesday, Jan 27th 2015

By DAVID MARTOSKO, US POLITICAL EDITOR FOR DAILYMAIL.COM

Obamacare program costs $50,000 in taxpayer money for every
American who gets health insurance, says bombshell budget report

Stunning figure comes from Congressional Budget Office report that revised cost estimates for the next 10 years.

Government will spend $1.993 TRILLION over a decade and take in $643 BILLION in new taxes, penalties and fees related to Obamacare
The $1.35 trillion net cost will result in 'between 24 million and 27 million' fewer Americans being uninsured, a $50,000 price tag per person at best.

The law will still leave "between 29 million and 31 million" nonelderly Americans without medical insurance.

Numbers assume Obamacare insurance exchange enrollment will double between now and 2025.
   
It will cost the federal government, taxpayers, that is, $50,000 for every person who gets health
insurance under the Obamacare law, the Congressional Budget Office revealed on Monday.

The number comes from figures buried in a 15-page section of the nonpartisan organization's new ten-year budget outlook.
The best-case scenario described by the CBO would result in "between 24 million and 27 million' fewer Americans being uninsured
in 2025, compared to the year before the Affordable Care Act took effect.

Pulling that off will cost Uncle Sam about $1.35 trillion or $50,000 per head.

The numbers are daunting: It will take $1.993 trillion, a number that looks like $1,993,000,000,000, to provide insurance subsidies to poor and middle-class Americans, and to pay for a massive expansion of Medicaid and CHIP (Children's Health Insurance Program) costs.

Offsetting that massive outlay will be $643 billion in new taxes, penalties and fees related to the Obamacare law.

That revenue includes quickly escalating penalties or "taxes" as the U.S. Supreme Court described them on
people who resist Washington's command to buy medical insurance.

It also includes income from a controversial medical device tax, which some Republicans predict will be eliminated
 in the next two years. If they're right, Obamacare's per-person cost would be even higher.

President Barack Obama pledged to members of Congress in 2009, as his signature insurance overhaul law was being hotly debated,
that "the plan I'm proposing will cost around $900 billion over 10 years."

It would be a significant discount if the White House could return to that number today.

http://www.dailymail.co.uk/news/article-2927348/Obamacare-program-costs-50-000-American-gets-health-insurance-says-bombshell-budget-report.html

[sirs]

But....but....I thought we were promised this will CUT everyone's health care costs...by $2500 in taxpayer money   You mean to say, that this promise was.......dare I say, not the truth??     

[Plane]

  I am not clear on something.

    Is this $50,000 each new insured with the already insured costing some other figure?

     Is this $50,000 per person covering a ten year period , and not per anum?

    If the cost per new person is $5,000 per year, that doesn't seem as bad as I was expecting.

     I wonder how many of these people would really rather have the cash?

[Xavier_Onassis]

Actually, this is utter nonsense

[sirs]

Specifically what part, and how so, please.  Not just your opinion

[Plane]

Actually, this is utter nonsense

It could be wrong without being nonsense.

Yesterday the CBO reported on the cost , how do you interpret the report?

http://www.washingtonpost.com/blogs/post-partisan/wp/2015/01/27/revised-cbo-outlook-shows-the-damage-wrought-by-obamacare/
“[A]bout 42 million nonelderly residents of the United States were uninsured in 2014, about 12 million fewer than would have been uninsured in the absence of the ACA.”

If this is right , then the positive difference is positive for about four percent or less of our population.

 This article is positive spin .

On the other hand...

http://www.atr.org/cbo-still-refuses-score-obamacare-ignores-15-tax-hikes-healthcare-law

   The CBO isn't telling the whole story all at once in one package.

[Xavier_Onassis]

Any way you look at it, Americans need health care. If the Republican'ts have any sense at all, they will perhaps improve the program.
I doubt that they will do anything more than fuss and stew and make it worse.

[sirs]

So nothing to actually support the notion that its "utter nonsense".  In fact, apparently its what's "needed", so even if it does cost us exponentially more in tax dollars, despite the clear promise it was to bring down healthcare costs, then that's......just fine, right?

BTW...Americans did have healthcare before Obamination care.  If the GOP has any sense, they'll steer clear of that disaster, known across the country, as Obamacare, and work on the alternative plans, that yes, they did & do have.  But because the Government isn't put in charge, their plans are apparently bogus.  Make sure they;'re ready to implement as soon as President Walker takes the oath of office   

[sirs]

So, congratulations Democrats, on your new healthcare system for America. It's actively hurting far more people than it's helping, it's whiffing on virtually every central promise made in its promotion, it's been widely unpopular from the moment it was proposed, and this parade of failure will cost us a cool $2 trillion over the next ten years.

In fact, the full impact of the law's various delays, waivers and Kafkaesque pay-fors aren't reflected in the latest CBO numbers because Congress' nonpartisan bookkeepers have given up on trying to provide full fiscal impact analyses about Obamacare.



But we "need" it.  Right, says who?  because of a small minority so blinded by political ideology, that a social program that costs taxpayers trillions is justified, if its deemd as "needed", despite it neither being Constitutional nor supported by any majority of Americans polled?