by Katie Pavlich | Oct 31, 2013
As millions of Americans in the individual health insurance market place continue to lose their coverage, analysts are looking ahead at the fallout we can expect to see when the employer mandate goes into effect in 2015. We've already seen employers and companies dropping health coverage altogether and cutting full-time workers to part time in order to avoid massive health insurance costs but now, Forbes reveals that was just the beginning.
The worst part? The Obama administration new this was going to happen and Barack Obama repeatedly promised the opposite anyway. Congressional Democrats passed the bill and now we're finding out what's in it. In terms of the number of future uninsured Americans, we're look at more than half of those in the individual market losing their plans and at least half of those with employer based insurance losing their insurance, which leaves at the very least half of the currently insured population uninsured.
As a reminder, before Obamacare was passed in 2010, the vast majority of Americans were satisfied with the plans they had. In addition, the majority of the uninsured were satisfied with their medical care and costs. From Gallup in 2009:
What we're going to see is a collapse in the insurance marketplace, which is exactly what President Obama, Rahm Emanuel, Harry Reid and Kathleen Sebelius want in order to push a single-payer system. The only hope we have to avoid this scenario is for Republicans to come up with an alternative system that is ready to go before this happens. As millions and millions of people start to lose their health insurance, they'll start to panic over not having coverage, which opens up the door for the government to step in and solve its own crisis through a single-payer system. Think people won't want single-payer? They might not in principle, but when people panic and the government is the only option they have to cover an emergency, they'll take advantage of it. If this happens, there's no going back and we'll have single-payer forever.