Monday, November 04, 2013

Lies of Obamacare, documented

From PowerLine

Given the lies with which Obamacare was promoted–"If you like your health care plan, you can keep it"–this is of course a blockbuster story. So I spent some time today tracking down the original sources to verify it.

The Obama administration projected low-end, mid-range and high-end estimates for how many plans would be terminated, in total and broken down between large and smaller employers. The bottom line is that the administration expected 51% of all employer plans to be terminated as a result of Obamacare. That is the mid-range estimate; the high-end estimate was 69%. So as of 2010, the Obama administration planned that most Americans with employer-sponsored health care plans would lose them, whether they liked those plans or not.

In the Federal Register, the administration candidly acknowledged:

The collective decisions of plan sponsors and issuers over time can be viewed as a one-way sorting process in which these parties decide whether, and when, to relinquish status as a grandfathered health plan.

The administration was prepared to be patient as the "one-way sorting process" ran its course, and all Americans lost the plans they had, whether they liked them or not.







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