How Obamacare Destroyed The Middle Class In One Chart

Tyler Durden's picture

Ever wonder how politicians and bureaucrats can go out and deliver the same misleading propaganda to various media outlets each day and keep a straight face while doing it?  Are these folks so detached from the real world that they go back to the "safe space" of their offices in Washington D.C. and pat themselves on the back thinking they've actually duped the American people into believing some alternate set of facts that have no basis in reality?  Or, are they so immersed in the false narratives day in and day out that they actually start to believe their own rhetoric?

No matter the reason, one narrative we've found particularly misleading this week comes to us courtesy of Marjorie Connolly, of the Department of Health and Human Services, who has the brutally difficult job of defending the "success" of Obamacare as it literally on the verge of collapse from soaring premiums and declining insurer participation.  While we certainly don't envy the position of Connolly, we do find some of her comments to the press "slightly" misinformed. 

Just to provide an illustrative sample:

Reuters (8/2/16) - "Consumers coming back to shop for 2017 will continue to have a robust set of choices."


New York Times (8/19/16) - “A number of steps remain before the full picture of marketplace competition and prices are known. Regardless, we remain confident that the majority of marketplace consumers will have multiple choices and will be able to select a plan for less than $75 per month when Open Enrollment begins Nov. 1.”


The Tennessean (8/25/16) - “Consumers in Tennessee will continue to have affordable coverage options in 2017. Last year, the average monthly premium for people with Marketplace coverage getting tax credits increased just $2, from $102 to $104 per month, despite headlines suggesting double digit increases.”

As you can see, the chosen narrative of Connolly is to focus on the premiums paid by the overwhelming minority of healthcare consumers that actually receive subsidized rates under Obamacare.  While this may be the only "convenient" fact that Connolly could find to peddle, it ignores the skyrocketing rates that the other 95% of people, mostly middle-class Americans, have to pay.  

So, here's the real math.  There are roughly 320mm people in the United States.  120mm people are covered under Medicare and Medicaid which leaves 200mm to be covered by "private" health insurance plans.  In 2016, roughly 11.1mm people signed up for "private" health insurance through one of the Obamacare federal or state exchanges.  Of those people, it is estimated that roughly 85%, or ~9.5mm people, received some level of "need-based" subsidy .  News flash Department of Health and Human Services, 9.5mm people is less than 5% of the 200mm people seeking private health insurance.  The other 95% is America's middle class and they're getting crushed. 

As for Connolly's suggestion that consumers will continue to have "robust" choices in 2017...we're not sure that people in the majority of the Southeast and Midwest with only 1 "option" for 2017 would agree.  

Obamacare Carriers


And, as for premiums...we're not sure that a 21% YoY median increase is necessarily "affordable."

2017 Obamacare Premiums


The fact is, the overwhelming majority of the 95% we mention above is comprised of middle-class consumers who are bearing the brunt of the burden of rising health insurance costs.  In fact, a June Brookings Institution study found that middle-income households now devote the largest share of their spending to health care ever, 8.9%, a rise of more than three percentage points from 1984 to 2014.  Per the Wall Street Journal, since 2007 middle-class families have been forced to increase the share of their overall spending on healthcare by nearly 25% while cutting back massively on other necessities to cover the difference. 

So here in one simple chart is why President Obama's Affordable Care Tax is crushing the middle-class more than any other social strata...

Middle Class Spending on Healthcare

So, for those wondering why the "recovery" from the "great recession" has been so muted perhaps you need to look no further than the massive healthcare tax imposed on the middle class by Obamacare.

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Downrange's picture

obamacare + zero yields on cash = permanent recession

nibiru's picture

Don't forget the FED printing money! 


Janet always feels attractive when she meets with big-corps and they laugh from her jokes

RaceToTheBottom's picture

All people when locked in academia, feel vindicated when big wigs (read rich WS banksters) listen to them and pretend they respect them.


Banksters must laugh about these sessions.  If it wasn't for the manipulation they perform on the FED and the inside information they get, they would not bother to show up...

ndotken's picture

Your choices are pretty simple ... pay us or we let you die.

All Risk No Reward's picture

Yes, the Debt-Money Monopolists and their fraudulent debt-money and schooling systems are the root cause... BanksterCare is simply a single branch in this ever progressing tyranny.

But don't worry, the Debt-Money Monopolists will be force injecting you with whatever they want soon enough. Of course, they will exempt themselves.

David de Rothschild is a naturopathic physician by training - and his family owns Big Pharma and they KNOW its real purpose. European Royalty and the Rockefellers publicly follow suit with Rothschild.

Oh, and doctors don't even bother to read the vaccine inserts produced by Big Pharma that list diabetes, encephalitis (brain damage!), and lots of other damage associated with the individual vaccines.

Merck - MMRII Vaccine Damage Insert

They don't study the combined vaccine for safety, bitchez! They just claim its safe and the suckers suck.

Also, all vaccines I've look into don't check for carcinogenicity (do they cause cancer?) or fertility impact (do they sterilize you).

Why is this important? Because the polio vaccine was found to have a mammal cancer causing virus known as SV40 in it and the cancer epidemic occurred shortly thereafter, bitchez!

What the CDC Won’t Tell You About SV40, Polio Vaccines and Cancer

“The chief, if not the sole, cause of the monstrous increase in cancer has been vaccination” – Dr. Robert Bell, fmr VP International Society for Cancer Research at the British Cancer Hospital (Truthstream


Vaccine pioneer admits adding cancer-causing virus to Vaccine

Look up Hilleman on Wikipedia (I can't do everything, break your programming and take some initiative yourselves, people!).

But Mike, there's more!

The Rockefeller Foundation was obsessed with finding a "sterilant vaccine" in the late 1960s...

Rockefeller Foundation Developed Vaccines For “Mass-Scale” Fertility Reduction

The "solution to be found" is how to sterilize you via vaccine, bitchez... they don't mention whether they will tell you its in there or not.

BTW, there was some possible media programming contained in the movie Children of Men... if you track dates, it is apparent everyone went sterile after a vaccination... pay attention, chumps, the dElites are talking to you! They already covered the immigrant invasion in that movie... well in advance of them orchestrating it!

ZD1's picture
Democrat Nancy Pelosi: "We have to pass the Obamacare bill so that you can find out what is in it"
Delving Eye's picture

Worst president in U.S. history.

phatfawzi's picture

hillary will accept that challenge. 

sbenard's picture

Well said! We now have Tyrannycare!

Here2Go's picture
Here2Go (not verified) Aug 27, 2016 2:07 PM

If this were 30 years ago... Reggie Love (with AIDS) might level the playing field on Barry buttfuck, but, alas, Congress & the POTUS don't bother with Obamacare anyway, so WHAT DIFFERENCE DOES IT MAKE?

Colonel Klink's picture

If you're going to type CONgress, do it the correct way.  CONgress!

Boris Badenov's picture

Where does all that money GO?

813kml's picture

Bermuda, Bahamas, sometimes to the Caymans...

The Beach Boys knew all about hiding the graft...

toady's picture

I've long thought that,  since the U.S. has such great desires to invade and occupy countries, why not the Cayman islands? Some estimate that there's more than 20 trillion stashed there... almost enough to pay off the national debt!

Winston Churchill's picture

Same black hole the defense budget goes into.

Bunkers don't come cheap, and only the best is good enough for our owners.

Suck it up serf and take aspirin for your pain.

ZD1's picture

The money is being resdistributed from the middle class to the FSA.


Everything that Barack Obama promised us about Obamacare has turned out to be a lie.



SillySalesmanQuestion's picture

How's all that "Hope & Change" thing working out for all you $hillary Supporters...?

KickIce's picture

Bullshit, the middle class has been done since we lost our manufacturing to China and Mexico.  The housing boom and the creation/expansion of government agencies like homeland security just served to mask it for awhile.

We actually lost it in 1971, just take a look at the CPI since that point in time.  Wages had to keep up with inflation which allowed other countries to underbid us, not the mention the pacts with communist countries that could underbid with slave labor.

newworldorder's picture

You are a knowledgeable person. Unfortunately you don't have many readers with your perspective.

KickIce's picture

Thanks, just trying in any small way to get the word out.

RaceToTheBottom's picture

Funny that Nixon succumbed to his bankster advisors and took the dollar gold link away at that exact time.

Do you think they are related?


End the FED,  Reinstate Glass-Steagal.

KickIce's picture

I do not believe in coincidences, especially when it relates to Central Bankers.

mary mary's picture

Wasn't Kissinger working for Nixon at that time?

RAT005's picture

Realize you don't have to pay the fine. 1 letter reminding you to send IRS $hundreds more and that will be the last you hear from them.

First year I just skipped the whole health section and got a nastier letter accusing me of not filing because I didn't answer 1 question. That ramped it up to a registered letter threatening $thousands.

Throw it all in the garbage and never hear another thing. Scarry, but that's the response they're after.

Robert Trip's picture

What kind of shit is this man?

Me and the wife are pleased with our Affordable Care.

Premiums went down, we kept our doctor and got a tax refund.

If you got screwed with Obamacare you probably got screwed with many other things in life.


lolmao500's picture

Maybe that's because you're either LYING or you don't work and is poor as fuck. If you have any job at all, Obamacare fucks you up the ass

Robert Trip's picture

Maybe it's because I enjoy living in this country, pay my taxes and raise a family moron.

What the fuck do you do, live in the attic and play war games on XBOX?

KickIce's picture

If any of this were true you would not like ObamaCare.

dlfield's picture

You raise a "family moron"?  Ohh...then you're being wonder you like it!

Ms. Erable's picture

Raising a family moron? So you wish your progeny to be just like you?

Verlorenes Geld's picture

Comma Lives Matter (e.g. - "... raising a family moron" v. "raising a family, moron")

Colonel Klink's picture

Yep raising a family of morons.  And he's the head moron.

City_Of_Champyinz's picture

lol, my brother has $18k worth of deductibles to pay for the family each year before his obamacare shitpile kicks in one red cent

dogismycopilot's picture

Dear 11 week member. Me thinks your full of it. So piss off.

Mena Arkansas's picture

Well the price of groceries and housing have gone up over the past several years.

Are people just eating less? You wouldn't know it from all the land blimps.

Have they downsized their housing? Rents and housing prices are nothing but up.

Duc888's picture



Walk down your average grocery store isle and look at what passes as 'food".

RaceToTheBottom's picture

"Well the price of groceries and housing have gone up over the past several years."


Imagine how bad the increases would have been if we had inflation?????

Wahooo's picture

People are not esting less, look around you.

Duc888's picture



Hey, fuck you.  Let's call it like it is.  Government destroyed the middle class.  Both sides of the political spectrum.

lolmao500's picture

I'm from Canada and I did a simulation.

NH example : cheapest insurance : 125$/month... with a 6850$ deductible!! And NH is lucky, it has 6 providers. If you're in a state with one provider, you're pretty much fucked. And I'm alone.

If I had a wife and a one year old kid, it would be 196$/month + 13 700$ deductible! LOL yeah real affordable. Who has 13 700$ just laying around?

And all those retards paying every month (without any money for the deductible) thinking they are covered are gonna be screwed when the time comes.

RaceToTheBottom's picture

We get catastrophic insurance benefits at no deductable insurance prices.....


Peak Bull's picture

By screwed you mean that the patients just can't pay. But by then, the services have already been provided. So, it is the service providers that will really get hurt.

newworldorder's picture

When voters are not able to understand what Obama and the Democrats have done to them, they are unwilling to stop listening to the race based politics of the Democrat Party. 

The purpose of Obama care was not to help the middle class. it was to shift people from States medicaid programs to Obamacare where those with up to full subsidies would be taken care of by the Federal Govt.

adr's picture

Last year I went to the doctor once for a sinus infection. The visit was covered, $20 copay with $120 total bill. I was prescribed amoxicillin,  $10 copay and a real cost probably half that. 

So in a year that I paid $12,000 in insurance premiums I cost Blue Cross $100. 

The IRS didn't care about the $11,900 I paid in overages to insurance but dinged me for $1200 in back taxes,  interest, and penalties because of a $1500 refund I got from my realtor for paying too much to escrow. The realtor filled out a 1099 for a refund for money that was mine to begin with. 

How is money that was paid from my bank account and given back to me extra income? 

Fuck all of this. 

KickIce's picture

That's FUBAR for sure.

thethirdcoast's picture

Just be glad you're not a US expat on a "tax equalized" contract.


The Constitution says corporations are not authorized to levy taxes, but apparently that no longer applies in this day and age.

mary mary's picture

Beware of "professionals" who send the government 1099 form "for you".  (Not that realtors are professionals.)  I try not to have any dealings with people who do things like that.

Infield_Fly's picture
Infield_Fly (not verified) Aug 27, 2016 2:34 PM

They played the race card and no one noticed the marxist.


And now Hillary - the woman (now, now, remember race card? ) - is trying to continue the marxist run where the other marxist left off.


Trump is still unknown, but he tells a good storty.


But would you rather knowingly step in shit or possibly step in a puddle?

newworldorder's picture

This article is incomplete.

it does not account for those Americans who have private insurance through their employer and or union. Depending on the population of the employer these workers may not have been affected by Obamacare, other than normal policy increases.I am not defending Obamacare, but merely pointing out that there are millions of workers who are not suffering these increases.

Obamacare was created to insure the indigent, those that would not be insured due to pre existing conditions and those that purchase individual/family coverage on their own, or are self employed. Essentially, anyone who could not obtain health coverage through any other means, were put into the Obamacare bucket and forced under IRS penalty to comply.