Monday, July 20, 2009

"You WILL Lose Your Current Insurance"

New study posted at The Foundry:

“If you like your health plan, you can keep it, the only thing that will change is that you’ll pay less.” Remember that? Well, according to the new Lewin study:

  • Approximately 103 million people would be covered under the new public plan and as a consequence about 83.4 million people would lose their private insurance. This would represent a 48.4 percent reduction in the number of people with private coverage.
  • About 88.1 million workers would see their current private, employer-sponsored health plan go away and would be shifted to the public plan.
  • Yearly premiums for the typical American with private coverage could go up by as much as $460 per privately insured person, as a result of increased cost-shifting stemming from a public plan modeled on Medicare.

So, is there truth in the way the President and Congress are advertising their plans?

In his address President Obama asserted that, “If you like your current insurance, you keep that insurance. Period. End of Story.” But what the President forgot to tell you is that his assertion is only true if the story were fiction.

President Obama has stated that any plan he’d sign must include a health insurance exchange with a public “option”. So, if you like your current insurance you may, in fact, lose it. Period. End of story.

Read the whole thing.


G.R. said...

Here is a little parable about Obama's Government Health Care.

One day Sally's mother told Sally that she would give her a dollar, if she cleaned her room. Sally did as she was told and was given the dollar as promised, and she went to the store and bought her favorite candy bar.

Billy, who was a unmotivated little slug of a boy, never did what his mother asked, and his compensations matched those of his output.

Billy was friends with a boy named Barry, who felt sorry for Billy and believed that Sally didn't deserve to enjoy the benefits of her reward.

So, Barry had a plan, which he would take Sally's candy bar and give it to BIlly. First he found a dog turd and dipped it a nice, rich chocolate, put sprinkles on it, put it in a pretty package, and offered it to Sally for the candy bar she had.

Sally looked at what Barry was offering her. It looked nice, and after a little persuasion Sally relented and gave Barry her candy bar to give to Billy. After all, what Barry gave her looked good, and it was much bigger than what she had.

Barry gave the candy he got from Sally to Billy, who gobbled it up as quickly as he could, even before Sally would take a bite of what Barry gave her. But when she did, all she could taste was the dog turd.

She turned to Barry and demanded he give her the candy bar she gave him. Barry just laughed and said, It's too late, Billy already ate it all up.

Moral of the story is, you can dip a turd in chocolate and cover it with sprinkles, and it's still a turd.

Red said...

Barry SUCKS. I hope he has to go on public health care. I hope his kids and wife do too.

G.R. said...


Did the people in the Politburo have to live by the rules they imposed on the citizens of the old Soviet Union? They lived like kings in the duchas outside Moscow, away from the masses they pretended to love, but deep down despised.
Hey! That sounds like some of our politicians.