Here’s another item for the growing list of things we weren’t told about Obamacare before it was passed.
It seems the Affordable Care Act presents a direct threat to employer provided health insurance plans and could force up to 150 million people out of their current plans.
Jim Angle of FOX News did a recent in-depth report on the subject:
Will ObamaCare mean the end of employer-provided insurance?President Obama’s famous promise that “you can keep your plan and your doctor, no matter what” was not the only misleading argument he made for his health care plan. There is yet another controversy, with even bigger consequences, brewing for Americans who already have health care.Analysts predict that as ObamaCare takes hold, it will mean the end of employer-provided insurance, with former Obama adviser Zeke Emanuel predicting that80 percent of such plans will disappear within ten years.“It’s going to actually be better for people,” Emanuel argued. “They’ll have more choice. Most people who work for an employer and get their coverage through an employer do not have choice.”The Wall Street research firm S&P IQ went even further, predicting 90 percent of such plans will disappear.
Angle notes that Obama acted as a defender of these plans when he was first running for president in 2008:
In his second debate with Republican nominee John McCain in 2008, Obama said, “This would lead to the unraveling of the employer-based health care system. That, I don’t think, is the kind of change that we need.”He was referring to a proposal from McCain in 2008 offering every American a $5,000 tax credit instead of tax-free insurance only for those who get coverage at work.In the same debate, Obama said, “Now, Senator McCain has a different kind of approach. He says that he’s going to give you a $5,000 tax credit. What he doesn’t tell you is that he is going to tax your employer-based health care benefits for the first time ever.”But now, analysts predict ObamaCare will go even further and actually eliminate those plans altogether.
Here’s the video from Special Report with Bret Baier:
CLICK HERE FOR FULL VERSION OF THIS STORY