Wasn’t Obamacare actually called the “Affordable Care Act?”
When does the affordable part kick in?
Companies on average expect to pay 7 percent more for their employees’ healthcare next year than in 2012, according to a new survey of 82 of the country’s largest companies by the National Business Group on Health.
That would be more than four times the overall inflation rate of 1.7 percent registered for the year through June. The 7 percent increase matches what businesses forecast for this year, but is smaller than their increases of the previous three years.
As a result of the cost increases that they face themselves, 60 percent of the businesses expect to hike the percentage of premiums that employees must pay next year, although the majority of those businesses plan an increase of less than 5 percent.
Seeing as Obamacare was modeled after the Massachusetts Health Care program which “created the highest health care costs has now created the highest health insurance premiums in the country,” this isn’t surprising.
This wasn’t about making health care affordable. It was about moving the country closer to single payer.