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It obamacare going after war of your money.
Health insurers are reportedly warning the Obama administration the individual mandate penalties wouldn't cover their costs.
And they are pushing for more penalties and fees to go along with the mandate joining me now former New York governor George Pataki.
I generally -- you want because you ran a campaign to get rid of Obama right to prevent it an -- to repeal it yes and then and and and none of that effort was really successful and now.
Surprise surprise the insurance companies are coming back and saying we can't make it on the mandate and not enough money.
This is about a surprising as the sun coming up tomorrow morning.
When obamacare was passed.
Everyone knew it had horrible -- But the sad thing is that when they were pointed out like.
Was pointed out in 20090.
Its partisan attack.
The fact that the law was unconstitutional.
A big chunk of it was thrown out by.
A super majority of the Supreme Court as unconstitutional all that was partisan.
We knew this back in 2009 in the sad thing is that Obama as Obama -- implemented.
Time and again you're gonna see different parts that aren't gonna work and we knew it back in 2000 and not -- I wanna show you with a mandate looks likely get a sense this is the man this -- the penalty.
If you don't have -- you don't buy coverage and 2014.
It will go to 1% of that in come.
In 2015 it goes to 2.5.
Percent of income.
Is it two or 2.2 percent of income pardon me I had to -- full screens on that.
She's sitting goes up over the years in the insurance companies are saying hey you know we take you awhile to get that to that top level at a top number in in the -- -- -- you know we're gonna have to.
Make up the difference I suppose already -- Governor we have seen premiums go through the roof the president promised us the premiums would rise and that we can keep our doctor and both of those things turn out not to be true.
And their -- things that we were told about Obama cared that turned out and we knew would turn out not to be true it's gonna reduce the cost to the government now it's gonna increase the cost.
The people aren't gonna have to change their policy if they're happy with -- Tens of millions of Americans are gonna have to change their policy and the individual mandate is not a tax well it was.
Passed by the Supreme Court as a tax otherwise it would have been -- constitutional but the individual mandate just.
But I have a 26 year old daughter she just got married and she doesn't gigs yet big government health insurance -- -- great shape.
The individual mandate will cost -- probably next here 9500.
The health insurance policy would cost or five or 6000.
Now what are you gonna do if you're struggling to pay your rent to pay your bills to pay back your college tuition loans.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- millions of our young people find having no health care coverage but ultimately being -- part of the system when they get sick.
I have to ask you that's because when it -- of that disturbing elements of this is the insurers are asking health and human services just to do this right -- warning that congress -- actually do this in a democratic fashion they just want the money what do you think of that.
I think it's an outrage but I think it's consistent with this president's administration's policy.
They simply -- don't negotiate with congress and do things by executive Fiat I hope they don't do it here.
The -- was hotly debated it is the law and they should not be able to raise these taxes particularly taxes -- our young people simply by avoiding congress.
We sister calling -- -- Obama I already did happen.
All right this just got to get in trouble hit your kid to expedite thanks for coming on the show and I always good to see you thank you so much thank you Jerry.
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