Posted on 07/30/2014 3:55:48 AM PDT by IBD editorial writer
Health Care: Remember when ObamaCare backers said there was no way the law would push employers to drop their health plans? A new report calls the lie on that one, too.
A big concern raised by critics of ObamaCare was that employers would shift their health costs onto taxpayers — dropping insurance benefits knowing workers could access guaranteed, often subsidized coverage in an ObamaCare exchange.
Typical of the left's response was a Families USA "fact sheet" that called such worries a "myth." "Employers that offer coverage will continue to do so," it declared.
The liberal Urban Institute likewise promised the number of people covered at work "would remain largely unchanged." And the Congressional Budget Office said any such shift would be negligible — just 500,000 at most this year.
Obama himself repeatedly pledged that nothing would change for those who had coverage at work once ObamaCare went into effect.
Well, the results are in, and they disprove all of it.
(Excerpt) Read more at news.investors.com ...
The Heritage Foundation reviewed quarterly enrollment data insurers submitted to state regulators for the six months of ObamaCare’s first open enrollment.
It found that between Oct. 1 and March 31, enrollment in employer plans dropped by 1.7 million. That's more than three times what the CBO projected for this year.
Meanwhile, enrollment in the individual market climbed 2.2 million over those same months.
“Almost all the gains in individual coverage through the ObamaCare exchanges,” noted authors Edmund Haislmaier and Drew Gonshorowski, “were offset by reduced enrollment in employer sponsored group coverage.” In other words, what happened was just what ObamaCare backers claimed would never, ever happen.
yup- endocrinologist in my gym bragging the other day how all of his employees will be put on obamacare this fall...
...in exchange for overpriced ObamaCare plans with higher deductibles and narrower provider networks.
Which is exactly what I have seen with coverage through my employer. The employer mandate hasn't even kicked in yet. My company is moving the plans "into alignment" so that when it does kick in, it won't be such a shock. But the effects are already being felt.
Last year during open season when I noted this on FB on one of the many posts lamenting the changes during open season... I had some {expletive} liberal obama boot-licker argue with me that I was wrong. Really? What I'm seeing here on my company's HR website isn't what I'm seeing? We don't have fewer choices, higher costs and participation percentages??? Far from being angry it was quite hilarious - along the lines of "who you going to believe, me or your lyin' eyes?" Liberals, they just lie.
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