Moderator: Nicole Marie
Trumpetmaster wrote:Documents reveal AT&T, Verizon, others, thought about dropping employer-sponsored benefits
http://money.cnn.com/2010/05/05/news/co ... 1&iref=NS1[code][/code]
Not good..
Trumpetmaster wrote:We all may be in jeopardy of losing company health benefits.
Haggis@wk wrote:Trumpetmaster wrote:Documents reveal AT&T, Verizon, others, thought about dropping employer-sponsored benefits
http://money.cnn.com/2010/05/05/news/co ... 1&iref=NS1[code][/code]
Not good..
The current congress is counting on that on the theory that if it happens then the new law becomes almost un-repealable.
One fashionable notion among some of the intelligentsia is that old people have “a duty to die,” rather than become a burden to others.
This is more than just an idea discussed around a seminar table. Already Britain’s government-run medical system is restricting what medications or treatments it will authorize for the elderly. It seems almost certain that similar attempts to contain runaway costs will lead to similar policies when US medical care is taken over by the government.
Make no mistake: Letting old people die is a lot cheaper than spending the kind of money required to keep them alive and well. If a government-run medical system is going to save any serious amount of money, it is almost certain to do so by sacrificing the elderly.
There was a time when some desperately poor societies had to abandon old people to their fate, because there was just not enough margin for everyone to survive. Sometimes the elderly would simply go off to face their fate alone.
But is that where we are today?
OperaTenor wrote: I'm not sure how you draw that particular conclusion, but I do agree that the law won't be repealed by our government as it presently exists.
But a report issued today in Fortune Magazine and reported by CNN indicates that the dire warnings of ObamaCare critics concerning the consequences of approving the costly legislation are in fact well-founded.
The report points to internal documents from AT&T, Verizon, John Deere, and several other large corporations which show that executives are, in fact, looking at the option of dropping healthcare coverage for employees due to what they are sure will be unsustainable increases in costs. These costs will be so prohibitive that it would benefit the corporations to pay the government fines instead:
Internal documents recently reviewed by Fortune, originally requested by Congress, show what the bill's critics predicted, and what its champions dreaded: many large companies are examining a course that was heretofore unthinkable, dumping the health care coverage they provide to their workers in exchange for paying penalty fees to the government.
That would dismantle the employer-based system that has reigned since World War II. It would also seem to contradict President Obama's statements that Americans who like their current plans could keep them. And as we'll see, it would hugely magnify the projected costs for the bill, which controls deficits only by assuming that America's employers would remain the backbone of the nation's health care system.
Hence, health-care reform risks becoming a victim of unintended consequences. Amazingly, the corporate documents that prove this point became public because of a different set of unintended consequences:
they told a story far different than the one the politicians who demanded them expected.
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 Obama administration has officially approved the first instance of taxpayer funded abortions under the new national government-run health care program. This is the kind of abortion funding the pro-life movement warned about when Congress considered the bill.
Haggis@wk wrote:Obama Administration OKs First Tax-Funded Abortions Under Health Care LawThe Obama administration has officially approved the first instance of taxpayer funded abortions under the new national government-run health care program. This is the kind of abortion funding the pro-life movement warned about when Congress considered the bill.
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