Obama and Math

Yesterday, at a rally in Ohio, our President told the crowd that ObamaCare will reduce health insurance premiums by “3,000 percent.”

Of course, that would mean the federal government would be paying us to have health insurance.  AmericanThinker.comdid a little math to illustrate just how much money those of us responsible enough to currently have health insurance could make from this new scheme.

“If your current  health insurance policy costs $5,000 a year, insurance companies will pay you $145,000 a year (2,900 percent multiplied by $5,000). If you’re fortunate enough to be paying $25,000 a year for health insurance, insurance companies will pay you $725,000 a year. There’s no word whether you can purchase a more expensive health insurance policy to increase the amount of money that insurers pay you each year.

“Just think, America: These are the people telling us that they know best how to run 1/6 of our economy.” 

Just one more question: Do you think the CBO was given that information to use when scoring the costs of healthcare reform?

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