employee

Former top Democrat says when Obamacare takes effect, small businesses will drop employee health coverage

Friday, September 23, 2011 by: J. D. Heyes
Tags: Obamacare, health coverage, health news

eTrust Pro Certified

Most Viewed Articles
Popular on Facebook
CDC issues flu vaccine apology: this year's vaccine doesn't work!
The five biggest lies about Ebola being pushed by government and mass media
Why does the CDC own a patent on Ebola 'invention?'
Ultraviolet light robot kills Ebola in two minutes; why doesn't every hospital have one of these?
Tetanus vaccines found spiked with sterilization chemical to carry out race-based genocide against Africans
Oregon man serving prison sentence for collecting rainwater on his own property
Russia taking McDonald's to court, threatens countrywide shutdown
Global warming data FAKED by government to fit climate change fictions
The best way to help your body protect itself against Ebola (or any virus or bacteria)
Healthy 12-year-old girl dies shortly after receiving HPV vaccine
Ebola outbreak may already be uncontrollable; Monsanto invests in Ebola treatment drug company as pandemic spreads
HOAX confirmed: Michelle Obama 'GMOs for children' campaign a parody of modern agricultural politics
Ben & Jerry's switches to non-GMO, Fair Trade ice cream ingredients
W.H.O. contradicts CDC, admits Ebola can spread via coughing, sneezing and by touching contaminated surfaces
BREAKING: CDC whistleblower confesses to MMR vaccine research fraud in historic public statement
Monsanto's seed imperialism halted in Canada thanks to massive protests
Cannabis dissolves cancerous tumor in young infant, deemed a 'miracle baby' by physician
Top ten things you need to do NOW to protect yourself from an uncontrolled Ebola outbreak

Delicious
(NaturalNews) In regard to the health care "reform" measure in 2009, President Barack Obama assured the nation that the 1000-plus page measure was vital -vital- to ensure that all Americans were finally covered by health insurance. In praising its passage in the House, Obama said the measure "will begin the process of fixing what's broken about our health care system, reducing costs for all, building on what works, and covering an estimated 97 percent of all Americans."

That prediction isn't likely to come true, for even a former head of the Democratic Party says not only will millions of Americans lose their preferred coverage after the so-called "Obamacare" legislation kicks in completely, but its price tag is liable to double.

Howard Dean, a physician, onetime Democratic candidate for president and former head of the Democratic National Committee, said this week that when Obamacare takes full effect, as many as one-third of the nation's small businesses will opt to drop their employee coverage.

"This is very good for small business," Dean said. "There was a McKinsey study, which the Democrats don't like, but I do, and I think it's true. Most small businesses are not going to be in the health insurance business anymore after this thing goes into effect."

The study pointed out that one of Obama's key promises - that employees would be able to keep their employer-provided insurance plans - won't be true for employees of about 45 percent of small businesses, because those same businesses are planning to drop employee coverage because it'll be cheaper for them to do so.

Which leads to the second of Obama's two main promises - that his healthcare reform measure won't add to the nation's deficit.

As it turns out, employees who are tossed off their employer's plans will then be eligible to sign up for one of those government (read taxpayer) provided health insurance exchange pools. And that, as they say, is where the real money is.

Regarding Dean's comment that dropping employee coverage would help small businesses, former New York Gov. George Pataki said, "The only way it's a help is if they drop coverage and their employees would all of a sudden have to go on the exchange, which is what of course the president promised wouldn't happen."

Most estimates of the healthcare reform bill is that it would cost about $970 billion over 10 years, about half of which would be paid for in new taxes. But that was based on a relatively small amount of employees - something like 7 percent, according to Congressional Budget Office estimates - being moved off their employer-provided coverage and into the exchange pools.

But with millions more employees likely to wind up in the exchange, that is liable to add nearly $1 trillion more to the cost of "reform."

Wasn't Obamacare supposed to reduce costs?

Join over four million monthly readers. Your privacy is protected. Unsubscribe at any time.
comments powered by Disqus
Take Action: Support NaturalNews.com by linking back to this article from your website

Permalink to this article:

Embed article link: (copy HTML code below):

Reprinting this article:
Non-commercial use OK, cite NaturalNews.com with clickable link.

Follow Natural News on Facebook, Twitter, Google Plus, and Pinterest

Colloidal Silver

Advertise with NaturalNews...

Support NaturalNews Sponsors:

Advertise with NaturalNews...

GET SHOW DETAILS
+ a FREE GIFT

Sign up for the FREE Natural News Email Newsletter

Receive breaking news on GMOs, vaccines, fluoride, radiation protection, natural cures, food safety alerts and interviews with the world's top experts on natural health and more.

Join over 7 million monthly readers of NaturalNews.com, the internet's No. 1 natural health news site. (Source: Alexa.com)

Your email address *

Please enter the code you see above*

No Thanks

Already have it and love it!

Natural News supports and helps fund these organizations:

* Required. Once you click submit, we will send you an email asking you to confirm your free registration. Your privacy is assured and your information is kept confidential. You may unsubscribe at anytime.