Amongst all the bad news that came out today including another 93,000 people who lost their jobs in September and the unemployment rate creeping up, employers such as Microsoft are announcing that they are no longer paying 100% for their employee’s medical insurance coverage.
What does this mean? It means health care costs are going UP, which is contradictory to what Obama and the Pelosi-Reid Democrats said would happen.
It doesn’t stop at Microsoft, McDonalds announced similar moves earlier this week, and my own employer is also following suit requiring employees to pay MORE towards their health care insurance.
Further compounding the cost increases in health care premiums employees of all companies will have their pre-tax dollars directed towards their medical care via “medical savings accounts” capped at $2,500 per year, per family. Previously these accounts were uncapped allowing people such as myself with a pre-existing condition to plan for our health care using pre-tax dollars while reducing our medical costs and tax burdens.
Obamacare changed all that. The new $2,500 cap takes effect in 2011 which for people like me means we now have to pay taxes on the dollars we use for our medications above the $2,500 cap and also suffer the indignity of paying additional taxes on our health care plans which will be counted as “income” under Obamacare. Talk about being taxed TO DEATH!
Remember in November folks, the Democrats did all this on their own – and it’s time to toss every single politician that voted for ObamaCare right out of office, onto the streets.
Even with our stubbornly high unemployment rate, I’d be more than happy to see a bunch of no good politicians that refused to listen to the will of the people out of work!