Analysis: HealthCare Costs & ObamaCare: How They Affect Us
EXCERPT: Based on the notion that government would somehow create a program that would lower healthcare costs, it has actually done the opposite. The impact of ObamaCare has is impacting business and consumers immediately and it is not even fully implemented until 2020.
We took a look at the penalties to consumers and business for not having a government approved healthcare plan. ObamaCare creates incentives for employers to have fewer people working, export jobs, cut work hours so people earn less money.
Some American citizens run the risk of losing their jobs to undocumented workers, as undocumented works are exempt from all taxes, penalties, or being required to have a healthcare plan. This may or may not have been the intent, but this is the impact of ObamaCare.
Those with low and Middle-Class incomes will be impacted the most to cover higher health premiums and more taxes to support this government system. Although there are some apparent government tax credits and subsidies for lower income people, the remaining taxpayers will shoulder these costs. Read More…