Obamacare was designed to usher in government-run, single-payer health care, so this story is not exactly news to knowledgeable observers. If you know any low-fo’s, you might want to pass this along.
From Fox News:
In the latest report to undercut President Obama’s “If you like your health care plan, you can keep it” promise, the Congressional Budget Office projects millions of workers will leave employer-sponsored health plans over the next decade because of ObamaCare.
Some will opt to go on Medicaid, but others will be kicked off their company plans by employers who decide not to offer coverage anymore, according to a new CBO report titled, “Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2016 to 2026.”
“As a result of the ACA, between 4 million and 9 million fewer people are projected to have employment-based coverage each year from 2017 through 2026 than would have had such coverage if the ACA had never been enacted,” the report, released Thursday, said.
Employers now cover some 155 million people, about 57 percent of those under 65. That’s expected to decline to 152 million people in 2019. Ten years from now, employers will be covering about 54 percent of those under 65.
For more about the Obamacare Big Lies, check out this excellent piece from the American Spectator, which includes the following:
The president’s claim that job-based family coverage costs less than it would had he refrained from meddling with health care flunks the laugh test. Employer-based health insurance premiums have continued to rise unabated. And, as the Kaiser Family Foundation reports, “Since 2010, both the share of workers with deductibles and the size of those deductibles have increased sharply. These two trends together result in a 67 percent increase in deductibles since 2010.” In his statement, however, Obama makes a specious claim about premiums while studiously ignoring skyrocketing out-of-pocket costs.
The claims the president makes about Obamacare are rife with such omissions. His claim that it has contributed to a slowdown in health care inflation, for example, is an Orwellian fantasy. According to a report produced by his own health care bureaucrats, the slowdown to which he refers began before the “reform” law was passed. In reality, Obamacare actually reversed the trend: “In 2014, U.S. health care spending increased 5.3 percent following growth of 2.9 percent in 2013 … The faster growth experienced in 2014 was primarily due to the major coverage expansions under the Affordable Care Act.”
The president’s sixth anniversary statement also claims that Obamacare has made dramatic cuts in the uninsured rate, but that too conflicts with the facts. On September 9, 2009, Obama addressed a joint session of Congress to push his health reform agenda, and said this about the uninsured: “There are now more than 30 million American citizens who cannot get coverage.” Naturally, he claimed his reform plan would drastically reduce this number. According to the most recent report from the Congressional Budget Office (CBO), “On average, about 27 million people … will be uninsured in 2016.”
In other words, despite extravagant claims made by the White House about Obamacare’s impact on the uninsured rate, the net reduction has been about 3 million. This is modest progress indeed, considering the enormous cost and rampant corruption that have characterized Obamacare’s passage and implementation. And yet the president’s celebratory statement contains the following claim: “Thanks to this law, 20 million more Americans now know the security of having health insurance.” What this means, of course, is that most of the 20 million were already insured but lost their coverage due to Obamacare.