Obama: Premiums Will Decrease 3000% So You Should Get A Raise When H'care Is Passed

[Synicus Maximus]

Source: youtube

President Obama says that employers will have their insurance cost reduced by 3000%

Read more: http://www.youtube.com/watch?v=lUd-slJc-GY

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I wasn't a math major but how do you reduce insurance cost 3000%?

[ixion]

1. Yeah, right. Not bloody likely.

believe that one when I see it.

[Mojambo]

2. "Should" and "Will" are two very different things.

Far more likely that CEO's will get bigger bonuses and shareholders bigger dividends.

[FrenchieCat]

3. Maybe he mispoke.

He isn't dumb and fuck-face stupid like Bush,
but I'm sure he isn't perfect either.

Wish I had less to worry about
beyond a video of the President having spoken a million words,
mispeaking on one. Kind of like in accounting, that is not even material,
in the larger scheme of things.

Some might even call it petty.

(but this will be like bait for the one-liner haters, I'm sure!)

[flvegan]

4. I've got beachfront property in Arizona to sell you too. Step right up!

[Hawkeye-X]

5. Lake Havasau?

I'll buy it! :P

[depakid]

23. Watch out for the brian eating amoeba

http://seattletimes.nwsource.com/html/nationworld/2003911024_webamoeba28.html

[Schema Thing]

6. I'm guessing he meant three thousand *dollars*

[paulsby]

7. the most you can decrease any premium is by 100%

that would equal a cost of $0

any more than 100% and the insurance companies would be paying people in order to provide them insurance

not sure what the #$)($##) obama was talking about here

[Demeter]

8. Which Goes to Show He Is an Economic Idiot

As I have been coming to suspect over the last 14 months.

[Starbucks Anarchist]

19. He obviously meant "dollars" but misspoke.

Even Bush wouldn't be so dumb to claim 3,000%.

[harkadog]

30. Why do you say dollars?

Everyone's premium is going to go down $3000? I haven't heard that from even the most diehard of the bill's supporters.

[dflprincess]

21. The insurance companies should be paying the people

for all the harm they've done through the years.

I wonder how long a single payer system could run just on the profits the crooks at UHG, Cigna, Aetna, etal posted last year?

[paulsby]

28. all i can say about Aetna is that my employer pays for

my Aetna policy and it's phenomenal.

great great plan.

amazing benefits

[dflprincess]

29. My employer provides us with Cigna

this year we went to a "Consumer Driven" scam. All I can say about Cigna is that everything is a fight with them - they even lie when you call to check on a claim on your FSA account.

You would think with all the bad press they've received that they'd at least tell the truth and pay the claims they're suppose to.

[ret5hd]

36. Yeah, you've told us many times about your free massages, etc.

We get it. Only us idiots want to change things. :eyes:

[Bozita]

9. Just in case you missed it, you'll see it again in 2012.

But then, the GOPers will have to explain the math to their audience.

[Journeyman]

10. Cool. Blueshield's gonna start PAYING ME! I can hardly wait . . .

My belly button is puckering and unpuckering in anticipation.

This is great. I may be able to afford to stay well.

[pundaint]

11. OMG He has even taken on the Bush Smirk. Look at his face when he starts lying about how tough

he's being on the Insurance companies. This is really sad. He holds us in such low regard.

[Dream Girl]

22. Every chance you get, huh?

You came in shortly after the inauguration didn't you?

[pundaint]

24. Hey, I wasn't going to believe he said 3000% without seeing the proof, and I was surprised by what

I saw.

And it is true that my Hope, and attendant interest was raised during the campaign. I only stumbled upon this site from others which I had been paying attention to, during the campaign. As to your paranoid connection, and unspoken insinuation - not even!

[Bluebear]

32. You came in 9 months after the inauguration! Just sayin'

[JanusAscending]

33. YA KNOW....

you are really pissing me off!!! I don't know why I even bother to read these "flamebait" threads!! I really hope we get some new Mods...a lot of good ones!

[Starbucks Anarchist]

12. He clearly meant "dollars" instead of "percent."

Despite his oratorical skills, he occasionally slips up. Remember "57 states"?

And why did you use a RW link like Town Hall?

[FrenchieCat]

15. With Bait, it doesn't matter where it comes from,

and what gets caught in the net that amounts to results.

[aquart]

13. How? When?

[Name removed]

14. Deleted message

Sub-thread removed by moderator. Click here to review the message board rules.

[tomm2thumbs]

16. I think Reagan said it best

http://www.youtube.com/watch?v=cylGX10oH14

or should I say said it worst - depends on who side of the aisle you are on

[Zavulon]

17. As an added bonus, his health care bill will eliminate disease entirely! (NT)

[Roselma]

18. He misspoke. It is a $3000 per employee

credit for the employer to provide health insurance, not a 3000 percent reduction for the employer. He's said it before. More important, it is in writing. He should have caught his mistake and corrected it immediately, but he's human. Here's evidence that the $3000 employer credit, reducing the employer's cost by $3000 is part of the plan:

http://www.healthreform.gov/reports/families/index.html


http://www.whitehouse.gov/sites/default/files/summary-presidents-proposal.pdf

[swilton]

20. $3,000 or 3,000 percent

It's disingenuous either way you look at it - it's that credibility thing!

[pundaint]

25. +1

[Unvanguard]

27. How is it disingenuous? n/t

[Roselma]

31. It's not disingenuous

He screwed up by misspeaking, but it isn't disingenuous. Plans are (and I linked to the documents) to credit employers $3000 for each employee's health insurance. That is $3000 less per employee for the employer to fund. Why shouldn't the employer then give the employees a raise? The cost of labor just dropped, but it shouldn't mean that the employer is tight fisted about the money saved (not spent). I know that my former employer would have given each employee a nice raise, maybe the entire $3000, if there was a savings in the cost of labor.

[dionysus]

39. god forbid anyone ever mess up a word.. jesus christ...

[Roland99]

26. So, $250/mo? That's about what many employers "kick in"

and yet premiums will remain the same, if not higher.

And, hey, employees will get that $250 in their paychecks, right?


:rofl:

[gkhouston]

34. It will be mailed to us. n/t

[Karmadillo]

35. In all 57 states?

nt

[robinblue]

41. naughty naughty

[kenny blankenship]

37. He means the 3000% increase you would surely pay in the future will now be only 2999%

Merry Christmas to you.

[deaniac21]

38. and pigs will fly out of his butt

[grahamhgreen]

40. I'm so sick of hearing him lie that "every argument has been made" when single-payer advocates

were not even allowed to speak>