The real cost of Obamacare – one individual’s lament at being hurt, not helped

by Skip

Emphasis mine – and I thought that “Progressive Government” is supposed to solve problems – not make things worse?  It’s like I have said for years: The Bigger the Government, the smaller the citizen.  In this case, my friend sees himself getting smaller thanks to Government decisions “for him”.

Skip,

The numbers were posted yesterday. Looks like a 10.5% increase, or $600/yr for me.  That brings my annual premium to $6,271 (or 50% of the cost) for 2013. This is the high deductible plan, and does not include the HSA I now have to fund ($100/bi-wkly).

So lets add the numbers up… my taxes are projected to go up $3,700 starting Jan 1st.  Add to that the loss of the college deduction for $2,500 (e.g., American Opportunity Credit), and the $600 for Obamacare + $2,600 for HSA, and just these 3 things equal bring the total for Jan 1st to $9,400 – more than I spend for a semester of my son’s college tuition.

So come next fall, when my daughter, son #1, and son #2 are in school, I will probably give up healthcare insurance to pay for tuition. Simply stated, it appears Obama’s education plan is to drive up the cost of healthcare so education becomes a non-starter. Because hey, a college education would lift individuals above their government dependency. Besides, who needs another meteorologist or engineer – cars will be banned in four years for not being green enough. So move to Colorado, light up and be happy. Your recreational habit is probably covered with a prescription under Obamacare.

Meanwhile, Congress exempts itself from healthcare insurance premiums, and from 401K (retirement) contributions,but give themselves a COLA (Cost Of Living Adjustment), voucher programs for K-12, and tuition reimbursement for college classes.

Romney can afford to be gracious in defeat – he (& Obama) spend more on their suits than I spend on my monthly mortgage.  Me – I’m bitter…very bitter.

Apparently, the 47% all vote.

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