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The Sticker Shock of the Health-Care Law

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  • Description

    FBN’s Lou Dobbs on the rising costs of the health-care law.

  • Duration 3:26
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This transcript is automatically generated

Obamacare that's that taxes just keep coming our -- -- McDonald's has told us about that.

Mass of obamacare tax increase on its way but the obamacare program designed to help people with preexisting medical conditions.

Is running out of money.

These so called preexisting condition insurance plan was supposed to help up to.

400000.

Folks.

400000.

People.

With preexisting conditions until Obama carefully -- in next year -- the problem with that.

Is that only a 135000.

Folks have signed up war against what they just didn't.

They capped -- They said we don't have the money their insurance is proving more costly than they have been.

Apparently that they -- believe they've been told that they didn't have enough money that put five billion dollars.

Appropriate five billion dollars for the back up the pre existing condition.

Program.

Less than half of that remains available and so they decided they better stop it now because they're spending money on an unbelievable rate.

New importance are -- now turn to weigh on top.

A majority of states are now rejected what it is after all the the heart of obamacare the so called insurance exchanges.

Health care marketplaces.

-- consumers can buy individual private policies beginning October 1 and then apply for in some cases government subsidies to help pay their premiums.

26.

States.

26 states.

I've said to Obama care.

No deal.

They're leaving it up to the federal government to set up those exchanges seventeen states and the District of Columbia are running their own exchanges seventeen.

Seventeen.

States.

And the District of Columbia.

And seven states are partnered with the government -- sort of sort of a compromise seven cent in states.

Seven states seventeen states and DC.

Now the other the -- what they thought -- do.

Leaving the federal government absolutely flabbergasted they have no idea what to do right now so why -- 26 states opting out.

-- pure and simple.

Republican governors 24 of them have rejected those exchanges say they simply can't trust the federal government to cover the full cost of operating and exchange.

And guess what they've got some pretty good evidence for that already the pre existing.

Element of the program has been capped and shut down.

Because there are out of money.

Those governors were pretty Smart right now owed the taxes as a result of Obama -- -- you're noting are showing up almost daily.

-- to keep up with what's happening to them to the tax burden on the American working man and woman in particular in the middle class working men and woman in this country.

Every night on this broadcast we're going to be covering those taxes the hidden costs the public policy disasters.

That -- mounting with each passing day.

All of that which is -- -- here.

Because Obama cares sticker shock is worsening each and every day.

And we're going to do our very best to put forward the truth about the cost.

The taxes.

And the functional result of these so called public policies.

Of Obama --

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