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Author: Dr Robert Fischer

What is really wrong with Obamacare?

About 80% of every premium dollar goes to pay for actual health care. The insurance companies keep 20% of every health care dollar. About 3% of that goes to pay for the labor and expenses for collecting and dispersing enormous amounts of money. About 17% of the money spent on insurance premiums goes to the stockholders. Seventeen percent of 800 billion dollars is 136 billion dollars, and that’s before the personal mandate in the ACA kicks in and everyone has to buy private insurance. The stockholders will rake in untold billions of dollars from the ACA.

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