Administration: 51% Of Companies’ Health Plans Won’t Pass Muster

Investor's Business Daily ^ | June 11, 2010 | Sean Higgins and David Hogberg

[XHogPilot]

Internal White House documents reveal that 51% of employers may have to relinquish their current health care coverage by 2013 due to ObamaCare. That numbers soars to 66% for small-business employers.

The documents — product of a joint project of the Labor Department, the Health and Human Services Department and the IRS — examine the effects new regulations would have on existing, or “grandfathered,” employer-based health care plans.

Draft copies of the documents were reportedly leaked to House Republicans earlier in the week. Rep. Bill Posey, R-Fla., posted them on his Web site Friday afternoon. (View the full report here.)

According to the report, by 2013 51% of all employers — 66% of small employers (3-99 employees) and 45% of large employers — would have to relinquish current coverage. In a worst-case scenario, 69% of firms would lose their grandfathered status.

This could pose a serious threat to President Obama’s claim that if you like your coverage, you’d get to keep it.

Check out IBD's full story (here) at investors.com and in Monday’s print edition.

[XHogPilot]

The truth slowly leaks out.

[americanophile]

It’s tough to ‘fundamentally transform’ a nation.

[ketelone]

Obama is an idiot.

[JerseyHighlander]

In large swathes of this country, we are looking at total destruction of the American healthcare infrastructure within a single two year election cycle if this law is implemented with the regulation as being written by the Obama administration.

51% total, but some regions will have 80%+ not make the cut, leaving every healthcare provider in a situation where the ONLY rational economic decision is to close the doors and shutter the services.

[Cindy]

POSEY.HOUSE.GOV: Washington - "MOST AMERICANS WILL LOSE THEIR CURRENT HEALTH PLANS ACCORDING TO ADMINISTRATION'S REGULATIONS" (June 11, 2010) (Read More...)

Link (pdf) (Read More...)

Link (Read More...)

Link (Read More...)

[Cindy]

Maybe;maybe not.

He has an agenda and he’s fulfilling it.

The “idiots” are the ones who voted for him.

[Gene Eric]

>> This could pose a serious threat to President Obama’s claim ...

Oh man, how I long for the goodness of truth to prevail...

[SmartInsight]

“He has an agenda and he’s fulfilling it.

The “idiots” are the ones who voted for him.”

You nailed it.

[tcrlaf]

bookmark

[Hugin]

That lie served it’s purpose, now move along.

[silverleaf]

No, at least a hard core 35% of the American public are hard core idiots.

the democrats will blame the implosion of the American healthcare industry on insurance companies and Republican obstructionsism and the kool aid drinkers will swallow it, urged on by the insanely liberal propagandist media

[Gaffer]

Not an 'idiot' - a political tyrant and a Muslim zealot. The only thing that stops him outright is the US Constitution [which he and his rabid liberal pals are busy dismantling]. One day soon he'll just get a hair up his keester and say "You know? I can do it now! I can do it. Massive cessation and reformation of government, sweeping edicts, suppression through martial law and viola', Idi Amin....."

[DaxtonBrown]

[This could pose a serious threat to President Obama’s claim that if you like your coverage, you’d get to keep it.]

Ya Think?

Totally UNEXPECTED!

[Pollster1]

One day soon he'll just get a hair up his keester and say "You know? I can do it now! I can do it. Massive cessation and reformation of government, sweeping edicts, suppression through martial law and viola', Idi Amin....."

When that time comes and a socialist tyrant says, "yes, we can," I'll be grateful for the 2nd Amendment and the power it gives real Americans to say, "no, you can't."

[Man50D]

Keep in mind any federal version of health care is unconstitutional since Article 1 Section 8 of the Constitution does not specifically list regulating health care as an enumerated power granted to Congress! The people are not bound to comply with an unconstitutional act!

[bert]

......The people are not bound to comply with an unconstitutional act!.........

Unless there is no recourse but compliance. No insurance, no hospital admittance, no doctor visit, no prescription, no medicine.

The alternative to noncompliance will be death

Tyrants force compliance

[Man50D]

Unless there is no recourse but compliance.

There is always recourse. The executive, legislative and judicial branches are not the government! The people are the government! The former three operate only at the consent of the latter. The people have the final say as to how they will be governed.

The founding fathers made it perfectly clear who is in charge in the Declaration of Independence with the passage:"That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness".

The alternative to noncompliance will be death

What you refer to as compliance is actually capitulation to a tyrannical, runaway government who has no intention of abiding by the Constitution. At that point it is incumbent upon the people to defend the Constitution otherwise they will most certainly face death as all their Constitutional freedoms will have been eliminated and they will be at the mercy of those who have none for their only intention is dominance and power.

[The Wizard]

I shall pray thet the vote in Novemeber is strong enough to undo this horrible communist manifesto

[bert]

Most of what you wrote was, and as in theoretical politically.

I on the other hand extrapolated current events into the future an projected the reality of the present.

Reality is the people have no power. They have allready surrendered it

[Dutch Boy]

This is exactly the type of thing Obamacare was supposed to do. It was by design. It was planned. The people were conned