Even as yet another federal court ponders the constitutionality of Obamacare, the bad news about its impact just keeps on coming.
This week a report by the respected McKinsey & Co. found that at least 30 percent of employers are likely to stop offering their workers health insurance as a routine benefit once the federal law kicks in.
As many as half of those 1,300 companies surveyed said they would “definitely” or “probably” drop such coverage even with a government imposed penalty of as much as $2,000 per worker for companies with more than 50 employees.
http://www.bostonherald.com/news/opinion/editorials/view.bg?articleid=1344386&format=text
Unintended consequences are the name of the game as regards federal legislation - and generally they unintended consequences are bad, horrible or worse.
In this case, it does beg the question - did they not foresee these kinds of systemic hits, or did they? And plunge ahead anyway, knowing that if they wrecked the current Frankenstein monster of high priced care driven by government incentives gone afoul, they would have a defacto single payer system as all that was left?
It'll take a miracle for this to end well.
This week a report by the respected McKinsey & Co. found that at least 30 percent of employers are likely to stop offering their workers health insurance as a routine benefit once the federal law kicks in.
As many as half of those 1,300 companies surveyed said they would “definitely” or “probably” drop such coverage even with a government imposed penalty of as much as $2,000 per worker for companies with more than 50 employees.
http://www.bostonherald.com/news/opinion/editorials/view.bg?articleid=1344386&format=text
Unintended consequences are the name of the game as regards federal legislation - and generally they unintended consequences are bad, horrible or worse.
In this case, it does beg the question - did they not foresee these kinds of systemic hits, or did they? And plunge ahead anyway, knowing that if they wrecked the current Frankenstein monster of high priced care driven by government incentives gone afoul, they would have a defacto single payer system as all that was left?
It'll take a miracle for this to end well.
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