How many people are exposed to these problems? 60 percent of Americans have private-sector health insurance—precisely the number that Jay Carney dismissed. As to the number of people facing cancellations, 51 percent of the employer-based market plus 53.5 percent of the non-group market (the middle of the administration’s range) amounts to 93 million Americans.
More than three years ago, just a few weeks after Obamacare was rammed through in the dead of night, I posted the following, which cited the Federal Register reports:
Internal White House documents reveal that 51% of employers may have to relinquish their current health care coverage by 2013 due to ObamaCare. That numbers soars to 66% for small-business employers.
The reason these plans will apparently lose their viability appears to be if they raise the costs they pass on to the consumer.
Initially, this will be played as, “Obamacare penalizes Inscos that charge more,” and most folks will say, so? What’s the problem with that?
The problem is that health insurance as it is currently deployed seems to be a zero-sum game, that is, if costs can’t rise, then benefits will have to drop. These draft rules try to wave a magic wand that says that if, “The plan eliminates benefits related to diagnosis or treatment of a particular condition,” then that is also verboten, but that is nothing more than a TANSTAAFL, or UNICORN clause. That it is impossible to achieve makes no difference to the “Hope Obama Pays My Mortgage, and Changes the Oil On My Car, Too,” crowd.
I imagine any discussion of these drafts will be quite limited in the mainstream media, but you can read them for yourself here.
I’m not the only one. It was common knowledge all over the conservative Blogosphere. Even “wonks from Expertopia” like Megan McArdle knew it, but she (and most of the rest of them, including her hubby) kept her mouth shut about it. After all, she voted for Obama, and would do so again in 2012, thus bolstering her credibility factor with conservatives and libertarians on all sorts of subjects.
So, am I accusing all of these people of lying either by omission or commission?
Hell, yes. And you should, too.