What the Obama administration has named, the “Affordable Care Act,” is quickly being realized and even promoted as anything but affordable. Now, according to a final regulation put in place on Wednesday, the Internal Revenue Service (IRS) says that the cheapest health insurance plan under Obamacare for a family will cost $20,000 per year, beginning in 2016.
Note that this is the cheapest plan you’re allowed to have under this new power the federal government has seized. This amount is considerably more than what insurance has cost families in the past who purchased in the private sector. The “Affordable Care Act” promised to make healthcare more affordable, but by the Obama administration’s own admission, it would increase insurance premiums at least $2000 on all payers.
The act was challenged in the Supreme Court and only passed by the high court ruling that it was a tax. A tax on all American taxpayers by a President who promised not to raise taxes “one nickle” on the middle class and who called his healthcare plan “The Affordable Care Act” despite it costing taxpayers more.
Source: CNS NEWS