Health Care reform has already had significant consequences and clearly the worst is yet to come. First it started with premiums on many health plans going up in the 16-20% range because of the downstream costs associated with many of the provisions of health care. Then there was the stupidity of the component of the reform where a minimum of 80% of premiums must be spent on health care coverage. In what market and industry does government dictate what margins must be made in a free market? The consequences of this was McDonalds threatening to drop their coverage on their “mini-med” plans. Our benevolent government responded with a waiver. There is already a lot of haggling over what constitutes “health care coverage”.
According to a report released by Senators Coburn and Barrasso, millions will face losing the plans they now enjoy “as employers either drop coverage or purchase more expensive, government-dictated health insurance.”
Every time government gets involved like this, there are unintended consequences. That is precisely what will happen and has happened with health care reform.
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