{"id":4398,"date":"2012-03-16T14:58:45","date_gmt":"2012-03-16T18:58:45","guid":{"rendered":"http:\/\/www.jasetaro.com\/blog\/?p=4398"},"modified":"2013-01-03T13:49:10","modified_gmt":"2013-01-03T18:49:10","slug":"20-million-could-lose-employer-insurance-under-obamacare","status":"publish","type":"post","link":"https:\/\/www.jasetaro.com\/blog\/2012\/03\/16\/20-million-could-lose-employer-insurance-under-obamacare\/","title":{"rendered":"20 Million Could Lose Employer Insurance Under Obamacare"},"content":{"rendered":"<p>Remember when President Obama said if you liked your current health care plan you could keep it, and that it wouldn\u2019t cost you any more? Well, he was either lying his ass off or doesn&#8217;t understand basic economics&#8230; A new report released by the non-partisan Congressional Budget office on Thursday <a href=\"http:\/\/campaign2012.washingtonexaminer.com\/article\/health-care-reforms-could-cost-20m-work-coverage\/430426\" target=\"_blank\">offers four possible scenarios on the effects of Obamacare<\/a>:<\/p>\n<blockquote><p>As many as 20 million Americans could lose the health insurance they now receive from their employers under President Obama&#8217;s new health care reforms, a report released Thursday shows.<\/p>\n<p>But the <a href=\"http:\/\/cbo.gov\/sites\/default\/files\/cbofiles\/attachments\/03-15-ACA_and_Insurance.pdf\" target=\"_blank\">report from the Congressional Budget Office and the Joint Committee on Taxation<\/a> said 20 million would be the worst-case scenario and that it&#8217;s possible that the number of people losing their current employer-provided insurance wouldn&#8217;t exceed 5 million between 2019 and 2022.<\/p>\n<p>The agencies warned, however, that they can&#8217;t really be sure how many people will lose their current coverage if the law is rolled out as planned in a few years.<\/p><\/blockquote>\n<p>Two things we can take away from this report; first, three years after it was passed no one, not the CBO or in industry, knows what effect Obamacare will ultimately on the health insurance market or on health care\u00a0 in general. Second, if the CBO is reporting\u00a020 million Americans could lose their employer provided health insurance as the worst-case scenario, I think it&#8217;s safe to assume it&#8217;s really a best-case scenario&#8230; Let me try to put this into perspective for you, as self-employed small business owner I&#8217;ve seen my health insurance premiums more than double in the last two years &#8212; from $803.58 a quarter in 2010 to $1640.67 a quarter this year.<\/p>\n<p>Frankly, 20 million people losing their employer provided health insurance, sounds like serious underestimation to me.<\/p>\n<p><strong>Related:<\/strong><\/p>\n<ul>\n<li><a href=\"http:\/\/www.upi.com\/Top_News\/US\/2012\/03\/15\/At-worst-20M-may-lose-employer-insurance\/UPI-94201331838271\/?spt=hs&amp;or=tn\" target=\"_blank\">At worst, 20M may lose employer insurance<\/a> &#8211; UPI<\/li>\n<li><a href=\"http:\/\/www.sfgate.com\/cgi-bin\/article.cgi?f=\/c\/a\/2012\/03\/15\/EDH81NKCIL.DTL\" target=\"_blank\">Obamacare drives up health care costs for everyone<\/a> &#8211; Sally Pipes, San\u00a0Francisco\u00a0Chronicle<\/li>\n<li><a href=\"http:\/\/www.politico.com\/news\/stories\/0312\/74061.html\" target=\"_blank\">CBO: Health reform could cause people to lose workplace coverage<\/a> &#8211; Politico<\/li>\n<li><a href=\"http:\/\/campaign2012.washingtonexaminer.com\/blogs\/beltway-confidential\/cbo-obamacare-cost-176-trillion-over-10-yrs\/425831\">CBO: Obamacare to cost $1.76 trillion over 10 yrs<\/a> &#8211; Philip Klein, The Washington Examiner<\/li>\n<li><a href=\"http:\/\/thehill.com\/blogs\/healthwatch\/politics-elections\/215071-study-quantifies-health-reform-votes-significant-toll-on-2010-house-democrats\" target=\"_blank\">Study: Votes in favor of healthcare reform cost Dems 5.8 points in 2010 vote<\/a> &#8211; Julian Pecquet, The Hill<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Remember when President Obama said if you liked your current health care plan you could keep it, and that it wouldn\u2019t cost you any more? Well, he was either lying his ass off or doesn&#8217;t understand basic economics&#8230; A new report released by the non-partisan Congressional Budget office on Thursday offers four possible scenarios on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[43],"tags":[57,781,518,779],"class_list":{"0":"post-4398","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-health-care","7":"tag-barack-obama","8":"tag-health-care-reform","9":"tag-health-insurance","10":"tag-obamacare","11":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfpI7-18W","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":2532,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/07\/23\/no-health-care-vote-before-august-recess\/","url_meta":{"origin":4398,"position":0},"title":"Reid: No Health Care Vote Before August Recess","author":"Jeff","date":"July 23, 2009","format":false,"excerpt":"Senate Majority Leader Harry Reid effectively pulled the rug out from under Pres. Barack Obama and House Speaker Nancy Pelosi today by announcing that the Senate will wait until the fall to debate and vote on the presidents health care reform proposals: Senate Democratic leaders on Thursday abandoned plans for\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2550,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/07\/28\/is-the-public-option-dead\/","url_meta":{"origin":4398,"position":1},"title":"Is the Public Option Dead?","author":"Jeff","date":"July 28, 2009","format":false,"excerpt":"I'm hearing rumblings from various sources that the Democrats so called Public Health Insurance option is dead in the the Senate... The Associated Press is reporting that a bipartisan group of Senators is close to a compromise agreement that would eliminate the employer mandate and the public option, two of\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/www.jasetaro.com\/blog\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3847,"url":"https:\/\/www.jasetaro.com\/blog\/2011\/03\/07\/obamacare-waivers-now-top-1000\/","url_meta":{"origin":4398,"position":2},"title":"Obamacare Waivers Now Top 1000","author":"Jeff","date":"March 7, 2011","format":false,"excerpt":"When the story first broke last November the Obama Administration has issued just over 100 waivers, that number has grown steadily and reached what can best be called a grim milestone: The number of temporary healthcare reform waivers granted by the Obama administration to organizations climbed to more than 1,000,\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/www.jasetaro.com\/blog\/category\/health-care\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2735,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/09\/16\/the-tax-man-cometh-senate-health-reform-bill-includes-many-tax-hikes\/","url_meta":{"origin":4398,"position":3},"title":"The Tax Man Cometh: Senate Health Reform Bill Includes Many Tax Hikes","author":"Jeff","date":"September 16, 2009","format":false,"excerpt":"The folks at Americans for Tax Reform have examined the Senate Finance Committee health care reform bill announced today and come up with a list of all the tax hikes in the bill: Individual Mandate Tax.\u00a0 If you don\u2019t sign up for health insurance, you will have to pay a\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/www.jasetaro.com\/blog\/category\/health-care\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4287,"url":"https:\/\/www.jasetaro.com\/blog\/2011\/11\/16\/yet-another-obamacare-glitch\/","url_meta":{"origin":4398,"position":4},"title":"Yet Another ObamaCare Glitch","author":"Jeff","date":"November 16, 2011","format":false,"excerpt":"Rember when then Speaker of the House Nancy Pelosi said \"We Have to Pass the Bill So That You Can Find Out What Is In It\"? Well they passed Obamacare and we're quickly discovering that it is deeply flawed piece of legislation. Health and Human Services Secretary Kathleen Sebelius has\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/www.jasetaro.com\/blog\/category\/health-care\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2559,"url":"https:\/\/www.jasetaro.com\/blog\/2009\/08\/03\/health-care-this-and-that-barney-frank-lets-the-truth-slip-about-the-public-option-and-much-more\/","url_meta":{"origin":4398,"position":5},"title":"Health Care This and That: Barney Frank Lets the Truth Slip About the Public Option, and Much More&#8230;","author":"Jeff","date":"August 3, 2009","format":false,"excerpt":"Lets get started... First up here's a great video of Congressman Barney Frank letting the truth about the so called \"Public Plan\" slip: Yes you heard him right, a public plan will lead to a government takeover of health care... While your at it be sure to check out this\u2026","rel":"","context":"In &quot;Health Care&quot;","block_context":{"text":"Health Care","link":"https:\/\/www.jasetaro.com\/blog\/category\/health-care\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/4398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/comments?post=4398"}],"version-history":[{"count":0,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/posts\/4398\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/media?parent=4398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/categories?post=4398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jasetaro.com\/blog\/wp-json\/wp\/v2\/tags?post=4398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}