As ObamaCare is rolled out this year and next, tens of millions of Americans will be shocked. Even Democrats who wrote and/or voted for the unpopular law are worried.
- Sen. Max Baucus called it a “train wreck.”
- Sen. Jay Rockefeller described it as “beyond comprehension.”
- Henry Chao, an official in charge of implementing it, was quoted as saying “I’m pretty nervous . . . Let’s just make sure it’s not a third-world experience.”
Insurance premiums will soar for millions of people, even after the government subsidies. Some young adults with individual health insurance will see a 46% increase. Small-group premiums are expected to increase by 13%-23% on average. Some of those may face a 90% increase.
Five million people will see major changes in their policies. Three million will lose their existing insurance. Six million will pay hefty fines. Millions more will see their hours reduced to under 30 hours per week so companies can avoid the insurance mandate and fines.
In total, it appears that there will be 30 million to 40 million people damaged in some fashion by the Affordable Care Act—more than one in 10 Americans. When that reality becomes clearer, the law is going to start losing its friends in the media, who are inclined to support the president and his initiatives. We’ll hear about innocent victims who saw their premiums skyrocket, who were barred from seeing their usual doctor, who had their hours cut or lost their insurance entirely—all thanks to the faceless bureaucracy administering a federal law.