Tuesday, March 29, 2011

Exchanging Your Plan

One of the unintended consequences of Obamacrap is the millions of people who could LOSE their employer sponsored group health plan and are dumped in to the Exchange. According to The Hill:

Big companies may eventually look to dump their employees onto new state-run health insurance markets in the future if a key aspect of healthcare reform turns out to be successful, an Obama administration health official predicted Tuesday morning. Starting in 2014, millions of individuals are expected to purchase insurance through new state health insurance exchanges, which are supposed to offer more affordable and quality coverage. But comments from some large employers have sparked fears that major corporations will eliminate health insurance when the exchanges open, adding an unanticipated burden of millions more onto the new markets.

Yes, that is the promise.

More affordable health insurance.

Problem is, it's a lie.

Under Obamacrap, health insurance premiums will rise precipitously rather than going down. The lie is the kinetic energy that supposedly will flow back to the participants in the form of tax credits which are supposed to reduce your monthly cost.

What happens when the government runs out of Chinese federal dollars to create those tax credits?


“Congress estimated that as many as four million people would move from employer-provided care to the exchanges,” the HR Policy Association wroteto state governors on Monday. “We believe, however, Congress may have significantly underestimated the shift to exchange-based care that will result from the new law.”

Just like they underestimated how much Obamacrap would save the taxpayer.

Oh, what a tangled web we weave when once we practice to deceive.

“If it plays out the exchanges work pretty well, then the employer can say ‘This is a great thing. I can now dump my people into the exchange and it would be good for them, good for me,'

Everybody wins, right?

And let's not forget, "if you like the plan you have you can keep it . . ."
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