Saturday, June 12, 2010

Yeah, SURE you can keep your health insurance...

From Investor's Business Daily

"Keep Your Health Plan Under Overhaul? Probably Not, Gov't Analysis Concludes By David Hogberg and Sean Higgins

Internal administration documents reveal that up to 51% of employers may have to relinquish their current health care coverage because of ObamaCare."

And Yuval Levin comments in The Corner:

"Keep the Plan You Have? Well, No.

In making the case for the Democrats’ health-care bill, President Obama could not have been clearer in promising that if you like the insurance plan you have now, you will be able to keep it. Critics of the bill insisted that the text of the legislation simply contradicted his assurance. And now, the administration (in a draft rule intended to enforce the legislation’s provisions) admits as much. Here’s the Associated Press:

WASHINGTON (AP) - Over and over in the health care debate, President Barack Obama said people who like their current coverage would be able to keep it.

But an early draft of an administration regulation estimates that many employers will be forced to make changes to their health plans under the new law. In just three years, a majority of workers—51 percent—will be in plans subject to new federal requirements, according to the draft."

The whole thing was a boondoggle front to back, top to bottom. It must be repealed in toto.

Posted by Gibbons J. Cooney

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