Healthcare Costs To Increase $478 Billion With Obamacare

The Democrats have been sold a bill of goods regarding Obamacare, since the rest of us saw right through it. 

According to Guy Benson Townhall:

Let's recall three of the oft-repeated pledges upon which Obamacare was sold: (1) Lower premiums. False. (2) "If you like your plan, you can keep your plan." False. (3) The law will bend the cost curve down, reforming the "unsustainable" status quo. For the second time since passage, false:

A new government actuarial study finds that as a result of the law, health care spending will be $478 billion higher over the next decade than it would have otherwise been had no law been passed. Furthermore, as a result of the health care law, about 50 cents of every dollar of health care spending in the United States will be financed by government by 2021, according to the report from the actuary’s office at the Centers for Medicare and Medicaid Services, unveiled today

I can vouch for the lower premium falsehood, since my already exorbitant COBRA premiums were raised about $400.00 a year.

Read the rest of his article here.