NRSC: On The Two Year Anniversary Of ObamaCare, NRSC Fact Checks Baldwin & Obama's Job-Killing Healthcare Law - Insurance News | InsuranceNewsNet

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March 24, 2012 Newswires
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NRSC: On The Two Year Anniversary Of ObamaCare, NRSC Fact Checks Baldwin & Obama’s Job-Killing Healthcare Law

Targeted News Service

WASHINGTON, March 23 -- The National Republican Senatorial Committee issued the following news release:

Two years ago today - with the help of Congresswoman Tammy Baldwin who voted for Barack Obama's job-killing healthcare bill - President Obama signed his $1.76 trillion healthcare bill into law. The National Republican Senatorial Committee (NRSC) today released a web video reminding Wisconsinites of the broken promises from ObamaCare.

Cong. Baldwin specifically promised the healthcare bill would reduce healthcare costs for millions of people, but since this legislation has been signed into law, costs have risen by 9 percent and the average premium has risen by $1,300.

Meanwhile, Baldwin and her fellow Democrats claimed the healthcare bill would cost $940 billion, but recently the non-partisan Congressional Budget Office released a report that found ObamaCare would actually cost $1.76 trillion.

Click The Screenshot Below To View The NRSC's New Web Video: http://www.youtube.com/watch?v=ueMirhybNQs

Notably, this bill is also hurting businesses throughout Wisconsin.

"Congresswoman Tammy Baldwin promised Barack Obama's healthcare bill would lower the cost of healthcare, but today Wisconsinites are paying more for healthcare than ever before," said National Republican Senatorial Committee (NRSC) spokesman Lance Trover. "Between the job-killing taxes, the intrusive federal mandates and the raiding of Medicare funds, it's clear Tammy Baldwin misled the people of Wisconsin about the true effects of her government-run healthcare plan."

BACKGROUND ...

Since The Signing Of ObamaCare Healthcare Costs Have Increased

BLOOMBERG: "The average cost of a family policy climbed 9 percent in 2011 to $15,073, according to a poll of 2,088 private companies and state and local government agencies by the Henry J. Kaiser Family Foundation in Menlo Park, California, and the Chicago- based American Hospital Association'sHealth Research and Educational Trust." (Jeffrey Young, "Health-Benefit Costs Rise Most In Six Years," Bloomberg, 9/27/11)

WALL STREET JOURNAL: "[In 2011], the health-insurance premiums employers pay rose sharply this year, with the average annual cost of family coverage passing the $15,000 mark for the first time, according to a major survey." ("Employer Health Premiums Rise Sharply," The Wall Street Journal, 9/27/11)

WALL STREET JOURNAL: "The average annual family premium for 2011 was $15,073, up from $13,770 last year." ("Employer Health Premiums Rise Sharply," The Wall Street Journal, 9/27/11)

Meanwhile The CBO Has Increased The Price Tag Of ObamaCare To $1.76 Trillion

FOX NEWS: The Congressional Budget Office has extended its cost estimates for President Obama's health care law out to 2022, taking in more years of full implementation, and showing that the bill is substantially more expensive -- twice as much as the original $900 billion price tag. (Jim Angle, New CBO health law estimate shows much higher spending past first 10 years, Fox News, 03/14/12)

And The Bill Is Hurting Businesses In Wisconsin

Milwaukee Based Assurant Health Will Be Eliminating 130 Jobs In Its Offices In Milwaukee And Plymouth, Minnesota By October 1, 2010. "Assurant Health is eliminating 130 jobs at its offices in Milwaukee and Plymouth, Minn., by Oct. 1 as the health insurer prepares for changes under federal health care reform. The company, which sells health insurance for individuals and small employers as well as short-term policies, faces an onslaught of new federal health care reform regulations, including the requirement that it spend 80% of premiums on medical care." (Guy Boulton, "Assurant Health To Eliminate 130 Jobs," Milwaukee Journal Sentinel, 8/19/10)

"The New Regulations Under Federal Health Care Reform Are Expected To Remake The Industry, Particularly For Insurance Sold To Individuals And Families And To Small Employers, Such As Those With 100 Or Fewer Workers." (Guy Boulton, "Assurant Health To Eliminate 130 Jobs," Milwaukee Journal Sentinel, 8/19/10)

Wisconsin One Of 34 States To Lose A Child Only Insurance Policy Since ObamaCare Was Signed Into Law. (US Senate Committee on Health, Education, Labor and Pensions Minority Oversight and Investigations Staff Phone and Email Preliminary Survey, www.politico.com, 1/27/11)

TNS MJ88-120324-3818702 StaffFurigay

Copyright:  (c) 2012 Targeted News Service
Wordcount:  641

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