The IRS released a final regulation (Jan 2013) that assumes that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 a year. Under Obamacare, American families will be forced to buy conventional health insurance plans (Bronze, Silver, Gold, and Platinum), with the Bronze plan being the 'cheapest'. The IRS examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a Bronze Plan. How will Americans be able to afford Obama's 'cheapest' plan? In short, most Americans won't be able to afford such a plan and still eat and pay bills.
What can be done to prevent this expensive monstrosity? Not much at this point. Republicans in the House have threatened to de-fund parts of Obamacare and they have taken vote after vote to repeal Obamacare, but this has been all for show at this point. Even if Republicans take back the Senate and hold the House next year, they still won't have enough votes for veto-proof legislation repealing this law. If Republicans in the House and the Senate pass legislation killing Obamacare, they will need a 'super majority' in both houses to override any veto. To override a presidential veto, both chambers must pass a bill by a two-thirds majority. In the Senate, this means a bill must have 67 (out of 100) votes. In the House of Representatives, a bill must pass with 290 out of 435 votes.
Republicans currently hold roughly 233 (53.7%) seats in the House, leaving Republicans 57 votes short. Some Democratic members of Congress will cross party lines and vote to kill Obamacare..especially if Republicans win big in the midterms. That's a BIG 'if' at this point. Democrats currently hold 52 seats in the Senate, with two independents that usually caucus with the Democrats, bringing their numbers to 54. The death of New Jersey Senator Frank Lautenberg may drop the Democrats majority by one...if NJ Governor Christie appoints a Republican to replace Lautenberg. Can Republicans win back enough seats in 2014 and flip enough Democratic Senators to reach the magic number of 67? Have you seen a flock of pigs flying in the sky lately? Me neither...
Of course a lot can happen between now and the midterms and the current scandals plaguing the Obama administration could have an impact on the election in favor of the Republicans. Republicans need to make the midterm election about repealing Obamacare and they need to expose this horrible law for what it is. The old adage says "all elections are local," but the disastrous costs (new taxes & health care plans) of this law will affect every American in every state of the country. Some Democrats are already running away from Obama's landmark health care law and that includes one of the authors (Sen Max Baucus) of the 'affordable' health care law.
Bottom line...this law needs to be repealed one way or another. This one law will damage the country more than any other law ever devised by a politician.