Friday, May 21, 2010

Obamacare--a peek into the future

Another quick blog today. I saw in The Wall Street Journal that major companies like AT&T have made all sorts of calculations to see if they will continue providing health insurance for their employees. It turns out that under Obamacare it is cheaper for the companies to drop all their insurance plans, pay a penalty to the government, and force the employees to get their own policies. Will the employees be able to get quality insurance? Not if Massachusetts is any guide. Remember that state went Obama lite a few years ago. Employees there are not getting the same coverage they had before this state insurance plan kicked in. Hmm . . . I thought Obama told us we could keep our current policies if we liked them--guess again.

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