Something to think about when you contemplate how Obamacare will affect you.
By debrakcarey
@debrakcarey (19887)
United States
June 13, 2010 10:14pm CST
Found this in a newsletter I get from M.C. Douglass M.D.
Employers could earn billions by ditching insurance
If you're not fed up with the ObamaCare lies yet, wait until you hear this next one
-- because it's a doozy, even by crooked Washington standards.
The president promised that his plan won't change a thing for people who already get health insurance through an employer... but it looks like someone forgot to tell the employers that, because corporate America is already planning to cut you loose.
The new law gives most employers a choice: Fund health insurance for your workers, or pay a fine. Sounds great for the workers -- until you run the numbers.
Don't bother getting out your calculator, corporate America has already beaten you to the punch. It took them all of 12 seconds to figure out that it would be cheaper to kill their insurance plans and pay the fines.
Just look at AT&T. They might provide lousy phone service, but they're pretty good with math -- they've calculated that ditching health insurance for employees would cost them $600 million in ObamaCare fines, according to the Wall Street Journal.
But since they paid $2.4 billion in health care costs last year, that's the quickest and easiest $1.8 billion they'll ever make.
Thank you, Mr. President. Here's a free iPhone.
Caterpillar, John Deere and Verizon are all crunching their own numbers, according to the Journal... and I'll bet your employer is as well.
Remember, once they drop your insurance you will be required by law to buy your own -- and don't think for a moment that it'll be cheaper or better. Some of my middle-class friends will have to pay $1,000 a month or more for their "free" ObamaCare.
Meanwhile, the Congressional Budget Office said a few months ago that discretionary spending for the first decade of ObamaCare would be $55 billion. Now, they're saying it'll be $110 billion.
In a few more months, who knows -- maybe it'll be a zillion dollars. Whatever it is, you know who'll be stuck with that bill.
YOU.
I already have spoken up about how the government cannot run Medicare/Medicaid and now we expect them to run the ENTIRE healthcare field smoothly....Dr. Douglass' opinion is more 'good' news to consider. So, what are your thoughts?
4 people like this
4 responses
@Rollo1 (16679)
• Boston, Massachusetts
14 Jun 10
This was brought up when the bill was being considered. It's another reason that the full provisions of the bill aren't set to go into effect before Obama's expected (by liberals) re-election. It was no use explaining it to anyone then, it probably isn't now. They won't believe it, they will only believe the hope and change.
That's why this bill is STILL the first step to a one-payer system. Eventually, when nearly everyone is drummed out of their insurance plans and complaining about costs and millions go without insurance because they can't get it from their employers anymore, the the government will have to step in with a government-run national health care.
3 people like this
@Destiny007 (5805)
• United States
14 Jun 10
The entire healthcare fiasco was a lie from the very beginning.
It wasn't about healthcare at all, it was all about the government grabbing more power to control the people.
They claimed that it was going to make insurance cheaper, well that has been proven to be a lie as well.
2 people like this
@Hatley (163776)
• Garden Grove, California
14 Jun 10
more republican propaganda anything to try to ruin the people who need universal health care from getting it chances. well I do not agree'
with you,this is only my opinion but its mine so respect it as I
respect your ideas. We just agree to disagree.the way I see it those people who have lots of money and can buy their fancy health insurance just do not want to see people like my son who is out of work and has no health insurance from getting any help. I voted for Obama but look I would stand behind whoever our President is as he is our leader. now thats all I have to say as it will be booed and all on deaf ears anyway.
@debrakcarey (19887)
• United States
15 Jun 10
Thank you, you said what I would have said, and then some.
Government cannot run Medicare/Medicaid properly. IT IS NOT about helping people, by any means.
@debrakcarey (19887)
• United States
15 Jun 10
Hatley, I'm sorry you think I would blast you. You certainly are entitled to your opinion. I hope your son actually gets the help he needs.
@dawnald (85146)
• Shingle Springs, California
21 Jun 10
I wonder if Blue Cross and Kaiser and Health Net and Aetna and so on will be dropping coverage for their employees. lol
But seriously, if true, this is pretty scary.