Tuesday, March 16, 2010

Obama is the Idiot In Chief: 3,000% Drop in Health Care Premiums?



President Obama says his health care reform plan will drop the amount paid by your employer in health care premiums by 3,000%.

Excuse me?

He must have learned his math at the same school Rahm Emanuel learned manners.

Basic math: dropping premiums 100% would eliminate them altogether. So, out of curiosity, what would a 3,000% drop do?

According to the American Thinker: A 3,000% drop for a, say, $5,000 a year policy would result in insurance companies paying you $145,000 a year (2,900 percent multiplied by $5,000). If you’re fortunate enough to be paying $25,000 a year for health insurance, insurance companies will pay you $725,000 a year. There’s no word whether you can purchase a more expensive health insurance policy to increase the amount of money that insurers pay you each year.

Just think, America: These are the people telling us that they know best how to run 1/6 of our economy.

Also remember, the most fraud in the health care industry happens in government run programs like medicare and medicaid, as well as the greatest number of denied claims and procedures.

-- Political Pistachio Conservative News and Commentary

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