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As Opposition to Obamacare Grows, So Do Costs

Costs for health care law’s high-risk insurance pools’ enrollees expected to more than double

February 29, 2012

According to a recent Gallup/USA Today poll:

“A clear majority of registered voters call the bill's passage ‘a bad thing’ and support its repeal if a Republican wins the White House in November.”

Now, Americans have another reason to oppose the President’s costly health care law. The Washington Post recently reported:

“Medical costs for enrollees in the health-care law’s high-risk insurance pools are expected to more than double initial predictions.”

Today, U.S. Senator John Barrasso (R-Wyo.) discussed how the White House and Democrats in Congress completely underestimated how much money the President’s new entitlement programs would cost.

Excerpts of Senator Barrasso’s remarks on the floor of the U.S. Senate:

“Well, this past week a story came out that talks about the high-risk pools designed and established to cover people who weren't able to buy health insurance in the individual market prior to the health care law.

“The goal was admirable. The plan, though, that they came out with was horrible.

“First, the new Obama high-risk plans created more bureaucracy, more government, and it undermined what states like mine in Wyoming were already successfully doing.

“Next, the White House and the Democrats who crammed this bill through Congress and down the throats of the American people, well, they set aside $5 billion for this program. The money was supposed to last, they said, until 2014 with no problems.

“The bad must is that the Medicare's Chief Actuary, the official who actually tracks the spending that goes on as a result of this law, he estimates that the spending could run out quicker than expected.

Last week, the Washington Post reported: ‘Medical costs for enrollees in the health care law's high-risk insurance pools are expected to who are than double initial predictions.’

“The American people also know that this administration and this President and this Congress used about every budget trick and accounting gimmick in the book to turn it into law. They ignored the real costs. They ignored the red flags, and they ignored realty.

“Two years later the American people understand that we cannot afford the high cost of the President's health care law and health care mandates. The longer this stays in place, the more expensive it will get. And that's one of the reasons that Americans from both sides of the aisle are speaking out against this health care law.

“When I say ‘both sides of the aisle,’ I want to talk about a recent ‘USA Today/Gallup poll: ‘Health Care Law hurting Obama.’

“Mr. President, my concern is that the health care law is hurting the American people.

“What the poll shows is that a clear majority of registered voters call the bill's passage ‘a bad thing’ and they support its repeal if a Republican wins the White House in November.

“11% of voters in battleground states say the law has actually helped their families, but 15% say that it has hurt. Looking ahead shall they predict that by a number of 42% to 20%, so 2 to1, that the law will make things worse rather than better for their families and for their lives.

“Americans overwhelmingly believe that the individual mandate, which is a principle key part of the Obama health care law, the individual mandate, is unconstitutional. The mandate that every American must buy insurance. Americans believe it is unconstitutional by a margin of 72% to only 20%.”