Obamacare to cost families $15,000 A Year?

Families struggling in the midst of a deep recession who earn a combined total greater than $88,200 and don’t have their health care covered by their employer will be hit with a mandatory annual fee of about $15,000 according to the Congressional Budget Office’s analysis of the final Senate Obamacare bill.

As we highlighted yesterday, the health care bill would introduce a raft of new taxes that would inevitably lead to higher costs that would be passed on to the public. A Boston Globe analysis revealed that there were at least 19 new taxes contained in the legislation which is set to be passed on Christmas Eve.

On top of this, a CBO analysis identifies five facts about the bill that will financially devastate families with an annual income greater than 400 percent of the federal poverty level.

Under Obamacare, Americans will be forced to buy government-approved health insurance and anyone earning a middle class wage will have to pay for it out of their own pocket. Federal subsidies will only be provided for people who are not offered coverage by their employer and earn below the 400 percent poverty level.

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