Letter: Obamacare’s rising downsides – Pacific Research Institute

Letter: Obamacare’s rising downsides

A recent article noted that American companies “are weighing the pros and cons of eventually forcing employees to strike out on their own” for health insurance (“Employers eye health insurance options,” Oct. 25).

Many Americans could soon find themselves without health insurance — despite President Barack Obama’s promise that Americans who liked their coverage could keep it.

Soon after health reform passed, the Centers for Medicare and Medicaid Services estimated that 14 million Americans would lose their employer-based coverage by 2019.

Even Obama administration officials admit that at least 15 percent of American workers will lose their current coverage in 2011.

By 2013, as many as 7 in 10 workers — and 4 in 5 employees of small businesses — could be forced into new and probably pricier plans.

Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.

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