Obamacare: Your Insurance Will Change

One of the silliest promises by President Obama was that Americans’ health insurance wouldn’t change once the Affordable Care Act was passed.  Of course it will!  Of course such gigantic legislation with such broad impact will disrupt the current healthcare marketplace.  And the Congressional Budget Office agrees.  From The Washington Examiner (click here for the story):

“In 2022, by CBO and JCT’s estimate, 7 million fewer people will have employment-based health insurance as a result of the Affordable Care Act,” the CBO announced in its new budget outlook released on Tuesday.

This should surprise no one.  In fact, count me as surprised if the majority of Americans aren’t on some form of public (or largely public) plan thirty years from now.  I think the change will be far more rapid than people imagine.  If employers (particularly small employers) no longer have employee pressure to provide a group health plan, you will see that benefit dropping left and right.  Why deal with the headache anymore?  Drop the benefit and give everyone a small raise (maybe).  Obamacare will massively change healthcare in America – that was never really a question, and it was disingenuous for the President to say otherwise.