Obamacare is not affordable and you won’t keep your insurance or your doctor. New reports indicate that 50% of employers could drop dependents from healthcare plans and that is only the beginning. Three reports came to the same conclusion. None of these reports come from right wing anything.
Obamacare puts the government in charge of your healthcare. They want your doctor to be paid by “successes.” If a patient doesn’t improve, the doctor gets paid less. If the majority of citizens are pushed on to government insurance then hospitals will be answerable to the government and doctors will be answerable to the hospitals. You can kiss private practice goodbye.
Here are the reports:-
The McKinsey report suggests that as employers see the negative effects the Democrats’ health care law will have on employer-sponsored health insurance (ESI), employers will be forced to make seismic changes to their current practices. Key findings from the report indicate:
- Overall, 30 percent of employers say they will definitely or probably stop offering health care coverage in the years after 2014.
- As awareness of the Democrats’ health care law increases, so too does the likelihood of action. Among employers with a high awareness of the law, those saying they will stop offering coverage increases to more than 50 percent.
A recent Millman report examines the total cost of health care for a family of four covered by a common form of coverage, a Preferred Provider Plan (PPO), and health care costs paid by both the employer and the employee. Key findings of the Millman report indicate:
- A $1,319 increase in the total cost of health care coverage for a family of four compared to 2010 – a 7.3% rise in health expenses.
- The new rules and regulations resulting from the Democrats’ health care law are aggravating existing challenges employers face in a sluggish economy noting, “employers will need to strike a careful balance between passing on more costs to employees versus potentially paying penalties based on affordability provisions in the Patient Protection and Affordable Care Act (PPACA).”
A report by Price Waterhouse Coopers (PWC) on medical cost trends for 2012 provides a dismal forecast of continued increases that consumers will see in their health care costs.
Key findings of the PWC report indicate:
- The Democrats’ health care law has done little to ease the compliance burdens facing employers – as the PWC report points out, “employers have had their hands full complying with the avalanche of new regulations under PPACA.”
- Medical costs are expected to increase: PWC expects medical costs to increase 8.5% in 2012, up from 8% in 2011.
- More Americans will NOT be able to keep the health care coverage they have and like, with the report noting that “some employers are becoming less confident in their ability to offer health benefits on a long term basis.”
- 84% of employers are likely to makes changes to offset the costs associated with the Democrats’ health care law,
- 86% are likely to re-evaluate their overall benefits strategy, and
- 50% are considering significantly changing or eliminating company subsidies for dependent medical coverage.