WASHINGTON, D.C. – U.S. Sen. Jim Inhofe (R-Okla.), an outspoken opponent of Obamacare, today marked the one year anniversary of the measure’s enactment with continued criticism.
“Since President Obama signed the so-called health care reform bill into law, it has miserably failed American families and businesses,” Inhofe said. “Even though only a handful of the law’s provisions have been implemented, it has already resulted in higher costs and loss of current coverage. Many who previously supported the measure have even turned critical. Under Obamacare, seniors face an uncertain future with the reduction of Medicare Advantage enrollment, parents are unable to purchase child-only insurance policies in 19 states, and individual insurance premiums are set to increase over $2,000. It places large financial burdens on states during a time when most of them are facing budget shortfalls, and Oklahoma is not exempted from this hardship. Taxpayers in the state are expected to pay over $440.5 million for Obamacare in coming years. Working with my colleagues, I will continue to pursue and support avenues for repealing and replacing this law. In the meantime, I remain hopeful that lawsuits challenging the law’s Constitutionality, such as the one currently being pursued for the state of Oklahoma by Attorney General Scott Pruitt, will be successful in stopping the liberal push towards socialized medicine.”
How Obamacare Hurts Oklahoma
Ø Roughly 46 percent of current Medicare Advantage enrollees will lose their plan by 2017. For those able to keep their plan, they will see a cut of $3,140 in services. These cuts will disproportionally affect low-income seniors and disabled beneficiaries.
Ø Oklahoma is a low-supply state for primary care physicians, with less than 11.5 primary care physicians for every 10,000 people. As a result of Obamacare, the percentage increase in Medicaid enrollment will be almost four times greater than the percent increase in primary care physicians.
Ø Only 26.2 percent of small businesses are eligible for small business tax credits in Obamacare.
Ø Since February 1, only 190 Oklahomans have enrolled in the Pre-Existing Condition Insurance Plan that began last September.
Additional Obamacare Facts
Ø There are 30 states suing to block the law from taking effect, or requesting waivers from its requirements.
Ø The Obama administration itself estimates 51 percentage of American workers who will lose their current health coverage by 2013.
Ø The IRS has requested 1,270 new bureaucrats requested to implement the law this year.
Ø As of March 14, 2011, the Obama administration has issued 6,578 pages of new regulations to implement the law.
Ø According to the Congressional Budget Office (CBO), provisions of Obamacare result in an 800,000 person reduction in the American labor force.
Ø So far, there have been 1,040 waiver granted, exempting over 2 million individuals from the law’s insurance mandates; nearly half of whom participate in union plans.