Obamacare Lawsuit Status

Obamacare Insurance Costs Skyrocket!

I recently attended a briefing on the Obamacare lawsuit filed by over 30 states; including Nevada (despite Nevada's Attorney General refusal to participate). I was stunned to learn that the average annual insurance cost that the young & healthy will need to cover when Obamacare is fully implemented is about $15,000 per household. This is a greatly inflated amount (for the young and healthy) that is necessary to cover the insurance costs for the rest of the nation.


Personally I am seeing 20 to 30 percent increases for my clients when they renew medical coverage for their employees. The insurance companies are increasing premiums due to the Obamacare mandates of not allowing preexisting conditions and eliminating caps on benefits to pay out. With these huge premium increases many employers are either passing the increase on to employees or dropping coverage all together. The promise Obama made of no increase cost has, as expected, proven to be false and misleading. It is no wonder that Obama’s approval rating is at record lows.


The other issue the lawsuit addresses is the federal government’s mandate that all citizens are required to purchase a specific product (i.e. medical insurance), regardless of state governments laws. This type of specific product federal mandate that overrules state laws has never, in the history of our nation, been done before. The theory is if we let this happen now what is next? Is a federal mandate to purchase a GM vehicle to support the auto industry or maybe borrow money to support the banking industry next? Silly as it may seem, there is no way to predict what will happen next. Just look at prohibition, $700 screwdrivers and federal grants to study the habits of ants in Africa


In the early days of our country, the states allowed a federal government to exist as long as state rights were not overridden. The Obama administration is attacking this very basic principal that our country was built on and intentionally ignoring our countries founding fathers intent.

Let’s hope that the lawsuit is successful.