Posted on 11/18/2013 6:08:27 AM PST by Cincinatus' Wife
The Obama administration has repeatedly said that the health-insurance-plan cancellations receiving so much attention in the news in recent days will affect only the 5 percent of Americans who purchase insurance on the individual market. The Department of Justice, however, in a brief filed in federal court last month, conceded that the number may be much higher. According to the administration’s numbers, nearly 80 million additional Americans, “a majority” of those on employer-sponsored health plans, may also be out of luck.
“It is projected that more group health plans will transition to the requirements under the regulations as time goes on,” DOJ lawyers wrote in response to court challenge to the law’s requirement that insurance plans provide coverage of contraception. “Defendants have estimated that a majority of group health plans will have lost their grandfather status by the end 2013.”
The DOJ cites the June 17, 2010, edition of the Federal Register, which acknowledges that within the first year of Obamacare’s employer mandate, the insurance plans offered by many employers will be canceled because their policies will not be grandfathered under the administration’s regulations. ”The Departments’ mid-range estimate is that 66 percent of small-employer plans and 45 percent of large-employer plans will relinquish their grandfather status by the end of 2013,” the Register says. “The low-end estimates are for 49 percent and 34 percent of small and large-employer plans, respectively, to have relinquished grandfather status, and the high-end estimates are 80 percent and 64 percent, respectively.”
(Excerpt) Read more at nationalreview.com ...
Bookmark
Many retirees get their Medicare Supplement from employer health plans as part of their retirement! The Regime and Congressional liars in DC said that Medicare recipients wouldn’t be affected!!! Think about that.
and wait for the taxes to kick in what they view are Cadillac plans.
I recall telling my wife when I saw her W-2 a few years ago: “see that box with the value of your health care benefit. It says it is for non tax information. Wait till the “non” is removed. These POS’s who should all be hanging from street posts or meat hooks are aiming to wipe us out.”
Duh! That’s why so many businesses WANTED Obamacare.
They want to dump their employees on the exchanges.
A story here to tell.
My brother works for an IT-related company in the south. The company is very successful but medium-sized....been around for twenty-odd years.
They had an interesting healthcare deal. The company had a bucket of money. They hired some folks to act as a middleman in the local area. They found the hospitals and doctor networks, then guided every employee and family member to those, and the bills were sent to the middleman, who took the money out of the company’s bucket of cash.
No insurance company in the middle of this. Year to year....everything changed and nothing was absolutely sure, but the company saved millions over health insurance. Everyone was extremely happy over the deal. They never saw any bills, or felt any hassle with paperwork.
Well, it’s an interesting thing. This method of running cheap reasonable healthcare....was dissolved by the Affordable Healthcare Act. Perhaps on purpose, and to force everyone to play health insurance company instead.
The CEO held a meeting. Quietly discussed options, and then held an audience with the whole company...roughly a thousand employees. They’d pay the tax and just say adios to health care via the company. They weren’t going to eat up cash for the pleasure of helping insurance companies profit. Employees sat there more in shock....having never understood the mechanism or why their care was cheaper than anyone else in the local community. Anger and frustration have brewed on this for the past year since it was announced.
The President’s change of order? The company is mostly prepared to dissolve their old deal in late December. There’s zero chance that they’d return to ‘normal’.
I would be humble and say that there are people within this whole gimmick of construction....who have never worked insurance or business in their life. They signed up to do a plumbing job, when they knew nothing about plumbing. They’ve screwed over innocent people, and by spring of 2014...some folks are going to want names, and court cases started. Whoever convinced the President and his staff that this would all work....have done a great injustice to the nation itself. If this were Japan....the Premier would resign. If this were France, the President would accept responsibility, resign, and call for new elections. Here? It’s hard to say if anything will happen.
They knew exactly what they were doing. The law is invalid, unconstitutional and illegal.
It sounds like you are describing the “self insure” model that Limbaugh was talking about last week.
It is permitted under Obamacare (apparently cause that was the only way to keep votes on board). But the administration is using mafia-thug tactics to discourage employers from actually using it. They desperately need your premiums in the pool.
If this was Japan, the President would slice his belly open on live TV.
Well, we’ll see. It’s quite possible that this time next year, millions who get employer provided health insurance will see their employers terminate the plans.
Then, what will the Obamabots say? Right now, the party line is that only 5% of Americans are getting health insurance cancellation letters. What will the party line be if businesses decide to shed this benefit?
And, as insurance becomes so much more costly, isn’t it possible that many businesses will shed their plans? Many people work for businesses of fewer than 50 employees, which are exempt from the employer mandate. Or, will many businesses structure the business so they stay under 50 employees, and continue the trend of scheduling employees so they work less than 30 hours a week???
bottom line is that there have already been “unintended consequences” of Obamacare, and there will be more of that to come.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.