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Michael Hamilton joined The What’s UP Radio Program with Terry Lowry this week to discuss how the Affordable Care Act is squeezing small businesses, and by extension, individuals. Here’s the synopsis from TerryLowry.com:
Obamacare is failing – miserably. Since the Affordable Care Act (ACA) became law in 2010, millions of Americans have been forced to obtain a new – often inferior – health insurance plan. Health insurance premiums have risen dramatically, especially for young adults, and many health insurance companies operating in the Obamacare exchanges have lost millions of dollars. The nation’s largest health insurer, UnitedHealth Group, recently announced it is expecting losses totaling more than $500 million on its 2016 Obamacare plans.
New guest, Michael Hamilton, is the managing editor of Heath Care News with the Heartland Institute. Michael says there are two categories of people who are feeling the real brunt of Obamacare: The average taxpaying citizen and small business owners. Michael discusses a recent survey conducted by Level Funded Health. Of the more than 2,500 small business questioned, over 85% had an increase of over 25% in their premium rates! The statistics just get worse from there. Listen in!
Now, it is one thing to have an insurance card and health coverage. But what good does it do if you can’t use it? If your doctor doesn’t accept your insurance, you have to find one who does! Many doctors are even opting out of accepting insurance all-together, especially Medicaid of Medicare. Michael Hamilton says, “The government can do three things well: protect life and liberty and property. But what we’ve seen with Obamacare…it’s done the opposite with all three of those things.” People are less free to do what they want with their money in regards to healthcare.
There is hope on the horizon, however. Michael believes it is imperative for everyone to get as many people to vote this March 1 and November 8. “Americans must continue to call out the truth about policies that are being enacted,” he warns.
For more information, see Justin Haskins’ Consumer Power Report #491: “Small Businesses Suffering Under Obamacare.”
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