PROMISE #1: ‘If You Like Your Plan, You’ll Be Able To Keep It’

PRESIDENT OBAMA: “If you like your current plan, you will be able to keep it. Let me repeat that: if you like your plan, you’ll be able to keep it.” (President Obama, Remarks At The White House, Washington, D.C., 7/21/09)

THE WALL STREET JOURNAL: “The law could leave more than half of employers without a grandfathered plan in 2013, the draft estimated. Its worst-case assumption is that 80% of small-employers will lose grandfathered rights by 2013. New plans would have to comply with all the bill’s requirements; grandfathered plans could avoid elements such as limits on cost sharing.” (“Draft Health Rules Set Hurdles,” The Wall Street Journal, 6/12/10)

PROMISE #2: ‘I Will Protect Medicare’

More Than $200 Billion In Cuts To Medicare Advantage

 “Medicare Advantage Payments… -131.9 [Billion Dollars].” “TITLE III—Improving The Quality And Efficiency Of Health Care; Subtitle C—Provisions Relating to Part C; Medicare Advantage Payments… 2010-2019… -131.9 [Billion Dollars].” (CBO Director Doug Elmendorf, Letter To Rep. Pelosi, P.13, 3/18/10)

“Medicare Advantage Interactions… -70.4 [Billion Dollars].” “Interactions; Medicare Advantage Interactions… 2010-2019… -70.4 [Billion Dollars].” (CBO Director Doug Elmendorf, Letter To Rep. Pelosi, P.18, 3/18/10)

 CBO: Medicare cuts could “reduce access to care or diminish the quality of care.” (CBO Director Doug Elmendorf, Letter To Sen. Harry Reid, P. 1, 17, 11/18/09)

 PRESIDENT OBAMA: “So don’t pay attention to those scary stories about how your benefits will be cut … that will not happen on my watch. I will protect Medicare.” (President Obama, Remarks To Joint Session Of Congress, 9/9/09)

PROMISE # 3 ‘This Law Will Lower Premiums’

 PRESIDENT OBAMA: “Families will save on their premiums.” (President Obama, Remarks After Meeting With Senate Democrats, 12/15/09)

CBO: The Law Will Increase Premiums On Families By $2,100 Per Year

 CBO: “Average premiums per policy in the nongroup market in 2016 would be roughly $5,800 for single policies and $15,200 for family policies under the proposal, compared with roughly $5,500 for single policies and $13,100 for family policies under current law. The weighted average of the differences in those amounts equals the change of 10 percent to 13 percent in the average premium per person…” (Emphasis In Original; CBO Director Douglas Elmendorf, Letter To Sen. Bayh, P. 6, 11/30/09)

WALL STREET JOURNAL: “The health-insurance premiums paid by employers rose sharply this year, with the average annual cost of family coverage passing the $15,000 mark for the first time, according to a major survey.” (“Employer Health Premiums Rise Sharply,” The Wall Street Journal, 9/27/11)

PROMISE #4: ‘Slow The Growth Of Health Care Costs’

 PRESIDENT OBAMA: “And it will slow the growth of health care costs for our families, our businesses, and our government.” (President Obama, Remarks To Joint Session Of Congress, 9/9/09)

CMS: ‘Expenditures Under The Health Reform Act Would Increase By A Total Of $311 Billion’

CMS ACTUARY RICHARD FOSTER: “[W]e estimate that overall national health expenditures under the health reform act would increase by a total of $311 billion (0.9 percent) during calendar years 2010-2019…” (CMS Actuary Richard Foster, Memo, P.4, 4/22/10)

FOSTER: “The NHE share of GDP is projected to be 21.0 percent in 2019, compared to 20.8 percent under prior law.” (CMS Actuary Richard Foster, Memo, P.16, 4/22/10)

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