The Ninth Day of Obamacare
35,000,000 Coverage Dropping: According to an analysis by former CBO Director Doug Holtz-Eakin, the health care law “provides strong incentives for employers – with the agreement of their employees – to drop employer-sponsored health insurance for as many as 35 million Americans.” Under such a scenario – also envisioned by outgoing Tennessee Governor Phil Bredesen, a Democrat – spending on federal insurance subsidies could be triple official projections, meaning the health care law would significantly increase the deficit.
On the ninth day of Obamacare, the government gave to me:
35,000,000 Coverage dropping
222 Rules a-waiving
40,000,000 Forms a-filling
7,400,000 MA benes losing
0 Oversight hearings
159 Boards and programs
16,500 IRS agents
21 Federal lawsuits
And a health insurance mandate “fee”