Fox News
Expand
Browse All Video
Watch Live

You're watching...

ObamaCare's new price tag

Details

  • Description

    Peter Johnson, Jr. weighs in

  • Duration 3:25
  • Date

Clips

Also in this playlist...

Editor's Picks

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

It is one of the most memorable quotes from the health care debate remember this when.

If you like your plan you can keep your plan if you like your doctor you can keep your dot.

Well that sounds terrific but it turns out keeping your coverage might not be as affordable as the Affordable Care Act had promised.

There's a glitch in the system Fox News legal analyst Peter Johnson junior joins us now what glitch.

There's a few of them and that kinda disturbing and let's look at them very quickly and understand them as they go forward.

One is a glitch in what families are gonna actually paying and they are -- -- ends.

Yeah -- -- see that number of 151700.

It's about -- an average family premium.

What the federal government is now saying is we're gonna be calculating.

What is affordable care.

Based only on the individual coverage that you -- And so what it cost for your family.

To ensure your wife to ensure your children.

That's not going to be part of the caps that we've imposed under obamacare is a lot of Americans are saying while that's -- sticker shot we're gonna get hit.

Big big time the second piece of it is that.

Talking sticker shot health care premiums may rise.

About a 190.

-- -- it.

A 190%.

This is exactly how they were told were not a Aaron LC.

Young people according to the -- action -- who did -- survey looking at cities like Chicago and Phoenix and Atlanta and other cities around the country.

They say that if you are a healthy young.

Male and you're not being subsidized and they do not in the -- class that there's a risk that your premium once certain things start kicking in 2014.

Might rise as much as a hundred.

And nine.

Help -- sure -- that big increase but older Americans may pay less sicker Americans may pay it pay less in terms the way that calculating things.

But young.

Healthy Americans who are paying for their own insurance not government subsidized may take the biggest hit and maybe financing.

The in the end this increases for everybody else you've got a third and final glitch -- third and final glitches from the government itself the Congressional Budget Office says that seven.

Millions.

Seven million workers could lose employee based coverage.

Based on.

The new obamacare -- their employers can afford employer's gonna say we're gonna take the hit on the fines penalties -- -- you wanna call -- we'll take that will pay the federal government.

Rather than pay these -- and we've seen more and more companies saying we're gonna go to part time.

Rather than full time more and more company saying we're not gonna go over 49 employees.

And make the Obama care limits and -- unions are even saying we want.

To have those subsidies.

On top of our private coverage so the people were behind Obama care from the beginning of saying.

-- we're getting hit with this government what do you do for us we took care view on this now stepping in and give us -- So now unions looking for -- according the Wall Street Journal lot of unintended unforeseeable consequences.

We'll keep an eye on at the numbers seem to skyrocket.

Every day well Nancy Pelosi said we had to pass it before we found out about it now after two elections we found out about it and it's not bloody well.

Right Peter Johnson junior -- much.

Load More