Experts are now predicting that as many as 80 million people will lose coverage when the employer mandate of Obamacare goes into effect, and people are freaking out. There is a reason that this WH chose to specifically delay the employer mandate over the individual mandate, despite the fact that the individual mandate has turned into a massive catastrophe. That reason is simple:
Almost 80 million people with employer health plans could find their coverage canceled because they are not compliant with ObamaCare, several experts predicted. Their losses would be in addition to the millions who found their individual coverage cancelled for the same reason.
Stan Veuger of the American Enterprise Institute said that in addition to the individual cancellations, “at least half the people on employer plans would by 2014 start losing plans as well.” There are approximately 157 million employer health care policy holders.
Avik Roy of the Manhattan Institute added, “the administration estimated that approximately 78 million Americans with employer sponsored insurance would lose their existing coverage due to the Affordable Care Act.”
Last week, an analysis by the American Enterprise Institute, a conservative think tank, showed the administration anticipates half to two-thirds of small businesses would have policies canceled or be compelled to send workers onto the ObamaCare exchanges. They predicted up to 100 million small and large business policies could be canceled next year.
I bet this number is low. Obamacare’s purpose, from the get go, was to destroy the existing system. The most important part of that drive to force us all into that unpopular single payer system the left wants. When so many companies, small business or otherwise, start dropping their employee coverage, it will create a snowball effect. To remain competitive every company in an industry will follow the lead of others. Obamacare’s employer mandate is the end of employer provided healthcare, and anyone saying otherwise is a fucking moron.
And buyer beware, because when the employers drop their coverage they will not raise your pay to balance this out. You are now going to have to pay that full amount for whatever system they force us all on, out of your own pocket, and you will do so on your current net take home pay. In my case I am losing an extra $16K my employer was paying annually for this coverage. I bet my new costs, if this system holds true and whatever replaces our existing system tries to again spread the misery to the productive, will be at least 50% higher than the total cost right now. So I am expecting that I will incur a $25K added annual cost to my current expenditures because of the left’s government healthcare takeover.
Thank you very much you fucking progtards.