Thursday, August 25, 2011

NOW Do We Get To Say "I Told You So?"

"If you like your health care plan, you can keep your health care plan." - Barack Obama, August 11, 2009.

http://www.whitehouse.gov/realitycheck/3 (video available as of the date of this post): "Linda Douglass of the White House Office of Health Reform debunks the myth that reform will force you out of your current insurance plan or force you to change doctors."

"...if you've got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan. Nobody is talking about taking that away from you." - Barack Obama, July 16, 2009.

"If you like your current insurance, you keep that insurance. Period. End of story." - Barack Obama, weekly address to the nation, July, 2009.

Associated Press, August 25, 2011:
"Nearly one of every 10 midsized or big employers expects to stop offering health coverage to workers after insurance exchanges begin operating in 2014 as part of President Barack Obama's health care overhaul...another one in five companies are unsure about what they will do after 2014. Another big benefits consultant...found in a June survey of large and smaller employers that 8 percent are either "likely" or "very likely" to end health benefits after the exchanges start.

"The surveys, which involved more than 1,200 companies, suggest that some businesses feel they will be better off dropping health insurance coverage once the exchanges start, even though they could face fines and tax headaches. The percentage of companies that are already saying they expect to do this surprised some experts, and if they follow through, it could start a trend that chips away at employer-sponsored health coverage, a long-standing pillar of the nation's health system.

"'If one employer does it, others likely will follow,' said Paul Fronstin of the Employee Benefit Research Institute...former insurance executive Bob Laszewski said he was surprised that as many as 8 or 9 percent of companies already expect to drop coverage a couple of years before the exchanges start."

NOW do we get to say "I told you so?"

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