What Obama Knows Is That All Private Health Insurance Will Go Away


Obama doesn't care

Obama does know one thing. He knows we are all going to be  have socialized medicine soon and the government will be in charge of our healthcare. Doctors and patients will have to deal with the government as middle men in every decision about a patient’s health. If that doesn’t frighten you, maybe it should.

Mr. Obama doesn’t care about the healthcare.gov website problems because all that matters to him is that most of the people in the country will be on government healthcare within the next few years.

The White House planned it that way. They knew at least since 2010 that people would lose their insurance if they were in the individual insurance market but he also knew that everyone is going to lose their private insurance.

The rate requirements for insurance companies are so narrow that a rate change as small as $1 in a co-pay can render the plan illegal and, as a consequence, insurance companies must drop the plan. Individuals are then forced onto Medicaid or the government-subsidized exchanges.

Ezekiel Emanuel said on Fox News Sunday that the insurance markets for individuals will ‘go away.’

“Insurance companies don’t want,” Ezekiel said, “insurance companies don’t want the individual market as it’s constructed. They see the future. That individual market is going away. They don’t want to invest in it.”

Without the individual insurance market, 15 million people in the individual market will now go onto Medicaid or government-subsidized exchanges or they will be fined by the IRS.

We know that as many as 93 million, perhaps more, in the employer-sponsored market will lose their insurance beginning in January. The reason is because no employer-sponsored insurance could possibly meet the requirements of Obamacare. Every plan under Obamacare has to cover in-vitro fertilization, abortions, birth control, et al. Employers don’t cover those types of thing. All of the plans will fold and the people will be forced onto  subsidized or free government insurance.

The employer-sponsored market includes self-insured companies – 90 million Americans are covered in these programs. That is one problem for Obama’s single payer dream.

The 44 million uninsured will have to go to Medicaid or the exchanges as well. More than 37% of the country is already on government healthcare – you do the math.

Mr. Obama knew Obamacare would force the insurance companies to fold and we would be left with single payer.

Does Mr. Obama care about the people losing their insurance, their doctors, and their hospitals or does he care about forcing through his statist ideology?

The administration wants everyone’s healthcare controlled by the government and they want every doctor and hospital to work for depressed wages. Read the WSJ  and Forbes articles from early 2012.

What mimics a free press – but is actually the PR arm of the government – continues to cover for Mr. Obama and his socialized medicine. A New York Times editorial posted yesterday, demonized Republicans for ‘stoking consumer fears and confusion’ because some are not keeping their healthcare. They said the president ‘clearly misspoke.’

Republicans are to blame? He misspoke? Saying it once, maybe, but he said it over and over again.

Mr. Obama knew we would not keep our healthcare plan or our doctor or our hospital, not only from the federal register of 2010, but from numerous other sources.  He also knew the costs would be prohibitive.

For example, check out Sentinel posts from 2011:

The McKinsey report suggested 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 Millman report examined 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).”

report by Price Waterhouse Coopers (PWC) on medical cost trends for 2012 provided 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.”

Of special note:

  • 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.

This is a video that reviewed the original bill, HR 3200. It’s worth listening to.


Sources: PriceWaterhouse, McKinsey, Millman Obamacare reports