"The majority (around 6 out of 10) of the people uninsured today will be able to find coverage for $100 or less per month in the Marketplace, taking into account premium tax credits and Medicaid coverage."
– Health and Human Services press release, 9/25
New York (CNNMoney) - There are many assumptions about what the effects of Obamacare will be. This series aims to separate myths from realities and answer questions surrounding the Affordable Care Act.
Myth: Employers are dumping health benefits because of Obamacare.
Reality: It's true that Obamacare is raising costs on employers. And some are either passing those increased tabs to workers or are cutting back on benefits to keep costs under control.FULL STORY
Obamacare is forcing small businesses overseas.
In many states, people living below the poverty line will not be covered by expanded Medicaid, and won’t receive subsidies to buy private coverage, either.
Former president Bill Clinton at a September 24, 2013 Clinton Global Initiative event: “Lower income people who desperately need health insurance will have the cruelest of all situations, and there’s nothing the president can do about it.”
President Obama exempted members of Congress from Obamacare.