Friday, July 6, 2012

CBO: 20 million Americans could lose employer-provided health coverage under Obamacare

From The Hill:

As many as 20 million Americans could lose their employer-provided coverage because of President Obama’s healthcare reform law, the nonpartisan Congressional Budget Office said in a new report Thursday.

The figure represents the worst-case scenario, CBO says, and the law could just as well increase the number of people with employer-based coverage by 3 million in 2019.

The best estimate, subject to a “tremendous amount of uncertainty,” is that about 3 million to 5 million fewer people will obtain coverage through their employer each year from 2019 through 2022.

The new report adds more detail to this week’s update of the law’s coverage provisions, which CBO released Tuesday. Compared to a year ago, the law is now anticipated to cover 2 million fewer people but cost $50 billion less over 10 years, after factoring penalties paid by individuals and businesses that don’t get or provide healthcare coverage.

Republicans immediately pounced after the new numbers came out because they appear to violate Obama’s pledge that people who like their health plans will be able to keep them. Last year, CBO’s best estimate was that only 1 million people would lose employer-sponsored coverage.

“President Obama’s string of empty promises is quickly becoming a disappointing trail of broken promises,” House Budget Committee Chairman Paul Ryan (R-Wis.) said in a statement. “He promised Americans that his overhaul of the health care sector would not jeopardize the health coverage of those who liked what they had. As nonpartisan analysts made clear today, millions of Americans will soon learn the hard way that Washington’s overreach into their health care decisions will result in sharp disruptions to their coverage and their care.”


I think this is important because conservatives are constantly being portrayed as “mean” in the media because we don’t embrace big government health care solutions. Everyone agrees on the problems, and everyone wants to help. The difference is that we conservatives think that health care is better when it is run profitably and is responsive to consumers and offers choice, low prices and high quality – like Amazon. We want privatized, market-driven health care with vouchers given to each citizen to purchase what they need, and to encourage them to save the rest for their old age while making healthier choices now.

The alternative is Department of Motor Vehicles health care – long lines, huge budget overruns, one-size-fits-all, lousy service and nowhere else to go for better better service. Why think that government is better at anything than the private sector? The private sector does everything better and cheaper and with better quality. So what if people get rich providing goods and services? As long as the customers are happy, and the children of the customers don’t get stuck paying for huge trillion dollar cost overruns.

Here are a few articles that I have been using lately to inform people about the problems with Obamacare:

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