cost

When congress passed Obamacare the estimated cost for the first ten years was 900 billion since he said he wanted to keep the cost under a trillion. The latest ten year cost projection is 2.6 trillion. Now we find out that there is a clause in the act stating that if the insurance companies lose money the government will reimburse them. This will happen if not enough young healthy people sign up to offset the cost of the previously uninsured who are quickly signing up. We have seen many times over The President saying that if you like your insurance you can keep it and how this was not the case but we have yet to see his statement that this plan will not add one dime to the deficit. That will probably be on our screens this coming year.