Elections And Laws Have Consequences

America was promised, “If you like your health care plan, you can keep your health care plan.” Many Americans believed that and were told that the people who were saying it wasn’t true were fear mongering. Well, here we are, ObamaCare is about to be in force, and we have discovered that the warnings were true. There is now a website called MyCancellation.com that shows cancellation letters from health insurance providers to policy holders. In some cases insurance premiums of the people who have received these letters will increase 300 percent.

Meanwhile, many insurance executives have been intimidated to the point that they are afraid to speak up about the damage ObamaCare will do to healthcare in America. Yesterday National Review posted an article about some of the comments health-care consultant Larry Thompson is hearing from insurance company executives.

The article reports:

Thompson predicts that by the end of next year, two phenomena will begin to unfold: first, that insurance companies, taking losses, will begin to remove themselves from the federal exchanges, and second, that wait times for doctors will rise. He even suggests that some of the exchanges may close by 2015. 

The crux of the problem: “Expectations are high, and delivery is going to low. When those two things converge, the law is going to get a pretty bad rap.”

We are only beginning to see the negative impact of ObamaCare.

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