The first five million plus cancellations of healthcare came from the individual market. These are the folks who shop around in their state to buy their own healthcare. They were the first casualties of Obama’s war on individual choice in the free(r) healthcare market. We now know that they won’t be the last.
If you get your healthcare through your employer group coverage, don’t get too comfortable. There is another wave of healthcare cancellations coming, and this time Obamacare is taking aim at the group healthcare market. If the President thought the blowback from five and a half million people losing their insurance was bad… wait until 100 Million lose their group insurance coverage.
An analysis by the American Enterprise Institute, a conservative think tank, shows 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 predict up to 100 million small and large business policies could be canceled next year.
Why is this happening? Two reasons: the first is the same as in the individual market. Under the Obamacare legislation, companies with less than 50 employees do not have to offer coverage, but if they do, it must meet the minimum basic requirements set by Obamacare standards. So just like on the individual market, millions will lose their coverage because it doesn’t meet the standard level of coverage that the government believes you should have.
“But wait!” You might have just remembered that the President and the Democrats had written a “Grandfathering Provision” into the Obamacare law, so that if you had insurance and you liked it… you could keep it. Boy oh boy. Where have you been? First, that whole “if you like it, you can keep it” nonsense is just that – nonsense. The President (and his Democrat cronies) were lying. Secondly, the “grandfathering provision” was designed to sunset by the end of 2013. Yes, that says 2013 and it’s not a typo. Even if your plan was “grandfathered” in – you’d be screwed come 2014.
But a report which surfaced on Monday night indicated that the president’s own Justice Department authored a brief in October showed that most of the country’s insured will have to seek new plans.
Even under the grandfathering provision, it is projected that … a majority of group health plans will have lost their grandfather status by the end of 2013.
“This shows us that they never thought the grandfather clause was real in the first place,” National Review contributing editor Andrew McCarthy told Fox News Channel’s Megyn Kelly on Monday.
So, sit tight folks, because things are about to get a much more turbulent. If you thought the last month or so has been a wild ride politically… you ain’t seen nothing yet. Five Million people losing their healthcare threw the nation into a seizure fit of anger. Imagine how angry 100 Million people losing their coverage will make us.
Things are about to get C-R-A-Z-Y.
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