THERE IT IS 🚨 Here’s how Barack Obama is the reason the cost of healthcare has skyrocketed in America

As soon as Barack Obama, funded by the pharmaceutical companies, signed Obamacare health insurance costs “significantly went up”

“Why is health care broken in America? It's a question that everybody asks and everybody thinks that they're like they're mind blown by the how complex health care is. And I tell people it's actually really simple.

You've got the buyers of health care who are these big health insurance plans that people don't understand this, but they actually want the price of health care to go up. They make more money when the price of health care goes up.

And the sellers of health care, which are these big hospital systems, they want the prices to go up.

So you don't need a PhD in economics to figure out if the buyer of something and the seller of something both want the price to go up, the price is going to go up.

So on the health insurance side, that's the one where people don't fully understand it, but there's a law, thanks to Obamacare, that health insurance plans can only make 15% of your premiums as profit. So let's just say Your premium is $1,000. They can make $150.

So how do they grow that premium or that profit? Your premium has to go up, which means the cost of health care actually has to go up.

So the buyer and the seller of health care both want the price to go up.

So that's why we're seeing just extraordinary rises in, in, in health care prices over the last decade especially.”

“Was it always this bad or did Obamacare really make it worse?”

“Oh, I mean, Obamacare definitely juiced it. Obamacare definitely juiced it. So you can see the trend and cost for healthcare once Obamacare was signed, it tweaked up. So it's very, very clear in the graph that the prices right at that point significantly went up.

So it has not always been like this.

This is a past 15 year phenomenon.”

https://file.nostrmedia.com/p/e8d66519e43b1214ac68f9f2bdbc4386d41ac66b20c5a260b9b04102784074e9/9aa0a7a076c823a0bf138445d7fee23da3c39fae463f7bd257ae7f9efcc16504.mp4

The road to hell is paved with good intentions.

Reply to this note

Please Login to reply.

Discussion

Or maybe bad intentions from the get go... knowing that the prices would go up & being heavily invested in the healthcare companies that they knew would profit from the Obamacare system.

Good point. I'm sure insurance companies were very supportive. Crony "capitalism" business as usual.