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 documents — product of a joint project of the Labor Department, the Health and Human Services Department and the IRS — examine the effects new regulations would have on existing, or “grandfathered,” employer-based health care plans.
BHO: Projected savings on Medicare will help to pay for ObamaCare.
President Obama called Saturday for Congress to avert a planned 21 percent pay cut for doctors who see Medicare patients, saying the move, which would cost taxpayers billions of dollars, is necessary to insure the health of older Americans. . . .
With Medicare costs — and the federal deficit — spiraling out of control, how to fix that formula became one of the most contentious questions of last year’s health debate, but the fix did not get incorporated into the landmark health overhaul that Mr. Obama signed into law. The president acknowledged that putting the question off again by simply restoring doctors’ pay for another year is not the answer.
Put differently: not as advertised, but definitely as predicted.