Obamacare: Steal from the poor, give to the rich
Most of the media campaigned for the bill without knowing what was in it, and
As a result of the bill passing, competition was substantially reduced, because small- and medium-sized companies couldn't afford the unlimited risk.
The big insurance companies had a captive audience who were required to buy
control costs since there were no longer annual limits or lifetime limits allowed in the policies.
In 2021, after eleven years of Obamacare, only 11.3 million people were enrolled (less than 4% of the public), and that just wasn't enough dependents for
In 2022, they used COVID, which had long been over, to justify huge premium subsidies to high income individuals. They stuck these subsidies into the falsely named Inflation Reduction Act but pretended they were ending at the end of 2025, to pretend the IRA was paid for.
By 2025, 24 million were on Obamacare, and that is one major reason
Why aren't the factcheckers calling out
NO F*
So now we're in a government shutdown. And you may be asking yourself, how the hell did we get here?
If there are only 24 million people in total, how can 60 million be at-risk of losing health care?
The media also knows that huge amounts of money have been funneled to illegals, despite the law preventing it, because of
White House Memo Exposes Democrats' History of Pushing Health Care for Illegal Immigrants
The memo describes 'how federal resources were abused by the Biden administration and Democratic states to provide health care for illegal immigrants.'
According to the memo, '14 states and the
There is clearly also massive fraud in Obamacare when 40% of policy holders have no claims:
The Rise of Phantom Obamacare Enrollees: Biden COVID Credits Drive Massive Increase in Individual Market Enrollees With No Medical Claims
* The number of ACA individual market enrollees with no medical claims more than tripled from 2021 to 2024. Nearly 12 million enrollees had no medical claims during 2024—equal to 8 million enrollees on an annualized basis.
* A staggering 40 percent of enrollees in 94 percent actuarial value silver plans and bronze plans had no medical claims in 2024.
* The rise in phantom enrollees is absent in the small-group market, strongly suggesting it was driven by Biden's COVID credits.
* Tens of billions in federal subsidies are flowing to insurers and brokers for phantom enrollees—people without a single doctor visit, prescription filled, or service received.
* This surge mirrors Paragon's findings on improper enrollment, showing taxpayer dollars wasted on coverage for people not using the program.
And, after 14 years of pedaling the lie that Obamacare made insurance more affordable, the Washington Post finally told the truth, conceding that it was never affordable:
Color me shocked. After more than a decade of breathless cheerleading for the so-called Affordable Care Act, the editorial elites at The
(
The media could end the hostage-taking by the
Image: Public domain.


The impact of vehicle technology on insurance: What drivers need to know in 2025
Studies from Federal Reserve Bank of Philadelphia in the Area of Investment Described (Measuring Flood Underinsurance In the Usa): Investment
Advisor News
- Estate planning during the great wealth transfer
- Main Street families need trusted financial guidance to navigate the new Trump Accounts
- Are the holidays a good time to have a long-term care conversation?
- Gen X unsure whether they can catch up with retirement saving
- Bill that could expand access to annuities headed to the House
More Advisor NewsAnnuity News
- Insurance Compact warns NAIC some annuity designs ‘quite complicated’
- MONTGOMERY COUNTY MAN SENTENCED TO FEDERAL PRISON FOR DEFRAUDING ELDERLY VICTIMS OF HUNDREDS OF THOUSANDS OF DOLLARS
- New York Life continues to close in on Athene; annuity sales up 50%
- Hildene Capital Management Announces Purchase Agreement to Acquire Annuity Provider SILAC
- Removing barriers to annuity adoption in 2026
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- Judge tosses Penn Mutual whole life lawsuit; plaintiffs to refile
- On the Move: Dec. 4, 2025
- Judge approves PHL Variable plan; could reduce benefits by up to $4.1B
- Seritage Growth Properties Makes $20 Million Loan Prepayment
- AM Best Revises Outlooks to Negative for Kansas City Life Insurance Company; Downgrades Credit Ratings of Grange Life Insurance Company; Revises Issuer Credit Rating Outlook to Negative for Old American Insurance Company
More Life Insurance News