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Public Statements

Repeal of Obamacare Act

Floor Speech

By:
Date:
Location: Washington, DC

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Mr. LANKFORD. Mr. Speaker, Americans know more about this law now. Now that it's been sitting around for 2 years, we've had more time to be able to process it. Two years ago, the cost was estimated by CBO at $800 billion. Now it's estimated at $1.8 trillion. Americans were told that if you like your insurance, you can keep it. But now the administration estimates that up to 80 percent of the small employer plans will lose their grandfathered status and up to 64 percent of large employer plans will lose their grandfathered status and will have to be changed--of course at the end of 2013, after the election. They were told you can keep your doctor, but now we know that physician-owned hospitals, their practice days are numbered since physician-owned hospitals are punished to protect the bigger hospital companies.

We were told there are no new taxes on it, that this wasn't a tax bill. Now we know there are 20-plus different taxes on it. The supposed deficit reduction goes down in the days to come because there are so many new taxes that are built into it. Let me give you a couple of my favorites that are built into this: removing the deduction for people with high medical bills. Yes, there's a deduction if you have high medical bills. They move that cap up. So if you have high medical bills, you will pay more in taxes under this. How about the flexible spending account cap change? So if you have a special needs child that currently has special needs and you have that, your taxes will go up.

Next year, the Independent Payment and Advisory Board will be introduced. Their sole function is to deny payment for certain procedures, determine which treatments are too expensive.

Are there problems in health care delivery, yes--my family has multiple testimonies of that fact.

It is not believable to say health care will be so much better, more efficient, more effective, if only we gave control to the Federal government.

Let's repeal this bad law and get busy writing healthcare reform that actually focuses on the patient, not the bureaucracy.

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