Obamacare Fee of $63 Per Person to Begin in 2014 … How Convenient it as After Obama’s Reelection

It’s true, there really is a sucker born every minute and on November 11, 2012 … 65,455,010 voted.

Thanks Barack Obama and Obamacare. From the Washington Times, beginning in 2014 most Americans will be facing a $63-per-head Obamacare fee to pay for preexisting conditions. What, you thought Obamacare was free? You thought your insurance premiums would not go up? You mean you actually believed Obama when he said that a principle of his health care plan was to reduce the cost of health care? If you did, Obama has a bridge to sell you as well.

Supposedly, the program “is intended to help millions of Americans purchase affordable health insurance, reduce unreimbursed usage of hospital and other medical facilities by the uninsured and thereby lower medical expenses and premiums for all.” Just curious, am I allowed to count these people as dependents on my taxes?

Remember When Obama promised you his three principles of Obamacare … turns out all were false and you bought it hook, line and sinker

Your medical plan is facing an unexpected expense, so you probably are, too. It’s a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Obama’s health care overhaul.

The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say. Most of that is likely to be passed on to workers.

Employee benefits lawyer Chantel Sheaks calls it a “sleeper issue” with significant financial consequences, particularly for large employers.

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The Obama administration says it is a temporary assessment levied for three years starting in 2014, designed to raise $25 billion. It starts at $63 and then declines.

Most of the money will go into a fund administered by the Health and Human Services Department. It will be used to cushion health insurance companies from the initial hard-to-predict costs of covering uninsured people with medical problems. Under the law, insurers will be forbidden from turning away the sick as of Jan. 1, 2014.

Isn’t it quite amazing that this will occur after Barack Obama ran for reelection? It’s not as Nancy Pelosi stated in that we had to pass the bill [Obamacare] to see what was in it … Pelosi, Reid and Obama wanted to hide from America what was in it until it was too late.