I had a delightful conversation with a health Insurance company rep this morning

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Originally posted by: hoops2
It helps to use current numbers

From The Weekly Standard

Remember back when the Democrats tried to sell Obamacare to a skeptical citizenry as health care “reform” that would cost “only” $848 billion—far less than a trillion—over a decade? Indeed, that was the alleged 10-year gross cost of Obamacare’s coverage provisions, according to the Congressional Budget Office

Well, now the CBO is out with a new report on Obamacare’s costs, and—sure enough—its 10-year price-tag now eclipses $2 trillion. To be more exact, the CBO now projects (see Table B-1) that the 10-year gross cost of Obamacare’s coverage provisions will be a cool $2,004,000,000,000.00.

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Originally posted by: hoops2
It helps to use current numbers

From The Weekly Standard

Remember back when the Democrats tried to sell Obamacare to a skeptical citizenry as health care “reform” that would cost “only” $848 billion—far less than a trillion—over a decade? Indeed, that was the alleged 10-year gross cost of Obamacare’s coverage provisions, according to the Congressional Budget Office

Well, now the CBO is out with a new report on Obamacare’s cost...

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Originally posted by: hoops2
Since the US always runs at a defict any additional expenses adds to the deficit. Now that the CBO estimate has more than doubled that additional cost & there isn't any additional revenue to offset that cost it will add to the deifict

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Originally posted by: hoops2
The original estimate was 7 million & we may have reached that number...

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Originally posted by: hoops2
The original estimate was 7 million & we may have reached that number, so no additional revenue. Until we find out how many people have paid, we won't know how much they are paying in premiums, so it may be lower.

The original CBO estmate was that the 7m were supposed to be all uninsured; it turns out that there may only be 1m; the rest were people were cancelled.

We also have all the added expense of the website & advertising.

obama as part of his 37 changes has essentially eliminated the penalty by allowing people to declare hardship without any proof of hardship. More lost revenue.

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