Obamacare designed to eliminate private insurance not cut costs

October 25, 2010 05:52

Provisions of the Democrats’ health care overhaul started to become law only a month ago, yet the list of companies dropping medical benefits for their employers is piling up.

IBD Editorial


While Elkin is one of a few willing to publicly discuss how Obama-Care is affecting his business, others are following a bitter path similar to the one he feels he is forced to take. He cites a survey by the National Business Group on Health that found that roughly 63% of businesses plan to make their workers pay a higher portion of their health care insurance costs next year.

As the debate over ObamaCare raged, Americans were assured by the president himself that those of us who like our insurance plans would be able to keep them. But workers will not only lose their employers’ plans due to their employers’ increasing costs under the law, they will also be losing coverage because carriers are dropping some of the policy options they offer.

Don’t think it can’t get worse, because under the Democrats’ ill-thought-out plan, it will. Large pieces of ObamaCare that will make the system painfully expensive and increase federal intrusion still haven’t become law. The next Congress needs to get focused fast on stopping the march toward costly, substandard care.


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