ObamaCare: The Day After
Conn Carroll /
So what would happen to you if President Barack Obama succeeds in passing a health care bill that includes a public option? Law professor Hugh Hewitt explains how others’ decisions will impact you quicker than you might think:
Some of my law firm’s clients and some executives in my broadcast audience are quietly preparing for the necessary analysis that will follow the passage of Obamacare by asking their personnel departments the obvious question: Will it make economic sense to discontinue health care coverage for my employees and instead push them into the government plan?
These employers –manufacturers, builders, entrepeneuers of all sorts– cannot yet get an answer to this question because they don’t have any specifics about costs from which they can make an informed decision.
But they all know they will have to “do the math” if the “government option/public plan” makes it into law. They cannot not do so for they owe shareholders and investors an objective assessment of what will improve their bottom lines.
If the “government option/public plan” costs $300 per employee per month and private sector insurance costs $350 per employee per month, the choice to push their workforce into the waiting arms of President Obama’s new bureaucracy will make itself. (more…)