June 13, 2010

A Leaked Document Followed by a Reluctant Confirmation: Under ObamaCare, 50% or More of Americans Will Not Be Able to Keep Their Health Care Plan

Monique Chartier

Friday's Investor's Business Daily.

Internal administration documents reveal that up to 51% of employers may have to relinquish their current health care coverage because of ObamaCare.

Small firms will be even likelier to lose existing plans.

The "midrange estimate is that 66% of small employer plans and 45% of large employer plans will relinquish their grandfathered status by the end of 2013," according to the document.

In the worst-case scenario, 69% of employers -- 80% of smaller firms -- would lose that status, exposing them to far more provisions under the new health law.

This contradicts the repeated reassurances made by President Obama as he was attempting to sell health care "reform":

If you like your health care plan, you can keep your health care plan.

There is one seemingly small characteristic of this document which is chilling in its long-term implication to American health care should ObamaCare remain unchanged before its implementation.

The 83-page document, a joint project of the departments of Health and Human Services, Labor and the IRS

Confirmation that the federal government is well on its way to edging market forces altogether out of the system and replacing them with the tax gun. Commenter David P correctly points to the next inevitable step, which is for government to dictate "the terms under which it provides service".

In Massachusetts, we are getting a preview of how this will unfold as government price controls combined with government mandates now begin to squeeze and then whittle down the number of health care providers willing to stay and dance to the tune of MassCare.

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Monique -
Thank you for staying on top of these facts ... a long summer will temper many memories and we need to remember come November!

Posted by: Andrew McNulty at June 13, 2010 9:13 PM
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