Millions to Lose Health Coverage

Tait Trussell is a national award-winning writer, former vice-president of the American Enterprise Institute and former Washington correspondent for The Wall Street Journal.


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Health insurance companies across America are being forced out of business by edicts of ObamaCare, leaving millions of families without protection.

Remember Obama’s fulsome promise: “If you like your health care plan you will be able to keep your health care plan. Period. No one will take it away. No matter what!” This was Obama’s sacred pledge before ObamaCare was jammed through Congress in what was likely the most audacious and costly action of his deceptive Presidency.

He gave his word to the American people, as recounted in a December paper by Grace-Marie Turner, President of the Galen Institute, on the radical restructuring of our nation’s health system.

The Galen Institute is a health research organization.

A survey of 1,300 employers put the white House in a state of “apoplexy” when it was published last June because the detailed survey showed so many companies planned to drop health insurance if key portions of ObamaCare take effect in 2014.

The White House tried to discredit the survey results, which found that more than 50 percent of those in companies aware of the law will stop offering health insurance. That could mean as many as 78 million workers and their families would no longer get insurance they now get at work. The survey indicated that, if driven into government subsidized insurance (state health exchanges), it could pile $1 trillion more dollars onto the cost of ObamaCare.

The losses in coverage have begun already. Many are losing protection because insurers are dropping out of markets in some states. Some carriers are leaving because of the burdensome rules. In Indiana, 10 percent of the health insurance firms have pulled out of the market because they are “unable to comply with the federal medical loss requirement (MLR),” writes Turner.

The medical loss ratio is an overly large percentage of an insurance premium that’s dictated by the government, which an insurance company has to spend on services to the insured, often leaving little for administrative costs and profit.

“Indiana was hoping to bring the companies back by asking the Department of Health and Human Services (HEW) for a waiver from the rule; but Washington refused in late November to grant the waiver.

Indiana Governor Mitch Daniels responded: “Once again the Obama Administration took a position in favor of higher health care costs and against personal freedom.” The MLR regulation is especially hard to meet for Health Savings Accounts, which offer high-deductible coverage. Indiana has a “high percentage of these popular, cost-saving plans,” Turned points out.

The Principal Financial Group, headquartered in Iowa, announced it would cease to sell health insurance. This affects 840,000 people who get their insurance through employers served by the company.

Another 42,000 employees of small and median-size companies found out in January they would lose their health coverage with Guardian Life Insurance Company. Cigna said in its annual report it is no longer offering insurance coverage to small businesses in 16 states.

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  • radicalconservative

    Basic Human Right, the problems with governments buying our healthcare are LEGION! Leave me out of your commie schemes! Think for five minutes about the problem: who will determine the prices for goods and services? who decides? who gets plastic surgery? shall we pay for a kid born with a cosmetic skin defect like a port wine stain? lasik for highly near-sighted? cataract surgery for folks with 20/30 vision? 20/40? lens implants that let people see close and far? or just far? chemo for terminally ill? brain mri for every headache? how much to reimburse? shall surgeons make more than internal medicine doctors? how much more? are you GOD? Smart enough to know what reimbursement levels will get a neurosurgeon out of bed to see a trauma patient at 2:00 AM? will you set prices for all the medicines? and know how much $$$ to pay for new drug cures for new diseases? enough to keep research dollars rolling in? Come on!!!!

    Imagine the government bought us houses or cars. Now multiply that complexity times 10!!!!!! They can’t even keep the Post Office solvent! I’ve seen government-run hospitals (the VA) and there the patients are treated like DOGS!

  • Annie

    I suppose that in order to pay for Obamacare, Congress and the White House intend to rob America’s postal workers of the estimated 50-80 BILLION dollars currently set aside to pay retiree health care benefits 75 years into the future! (Without this “pre-funding mandate”, the post office would have turned a profit in at least 4 of the last 5 years.)

    If this happens, it will amount to a hidden tax on every man, woman and child that has bought a stamp since Congress’s pre-funding mandate went into effect! Taxation without representation….and that violates our Constitution!

    Congress will have finally figured out how to even tax little children, who did nothing more than buy a stamp to send a birthday card to Grandma or a letter to a parent serving in a combat zone.

    Shame, shame, SHAME on our politicians!

  • davarino

    Blah, what can you say? This president should go down as the worst in history and it would be my Christmas wish that everything he did be overturned. Anybody out there have a list for Santa?

    • tanstaafl

      But Santa always wears red! And he redistributes wealth from hard-working parents to ungrateful teenagers!

      What's in that pipe he's always smoking?

  • StephenD

    What really frosts mine is the blathering idiots in Congress that went along with this Socialistic mandate. I can't believe men and women elected to some of the highest offices in the United States of America could go along with this!

    "You'll have to pass the bill to see what's in it."

    And then she is given credence when she speaks after this asinine statement! What is wrong with us as a people to put up with this?!?

    WE had better make the right choice this election cycle or we as a free people can kiss it goodbye.

  • Jim Vinny

    LIes lies lies, yeah….Like everything that spews from his dispecable gray lips, it’s a stretched truth or an elongated lie. Yes, he can stand up and say, “Oh, your health insurance will not go up one thin dime.” It may be true, but what he means is that everything else will increase in cost, across the board, to help pay for his obamma medical plan. That’s the deception that everyone falls for.

    Lest we forget Nancy Peelosi’s plight: “WE MUST PASS THE BILL TO SEE WHAT’S INSIDE!” The womon should be flogged publically for such a stupid line. WHAT A BLITHERING IDIOT.

    And yet, with all the lies from these anti-Americans holding political offices, the media never says anything about their radical agenda.

    If W Bush ever did or said antything of this nature, it would be headline news, 24/7.

    Dammitt to hell with all these morons running the U.S. Govt. WHAT EVER HAPPENED TO “WE THE PEOPLE?”

  • BasicHumanRight

    Nice timing with this article.

    The CDC just announced that 2.5M more Americans have insurance because of Obamacare. http://www.cnn.com/2011/12/14/health/health-insur

    Every other industrialized nation on the planet has universal health care except the USA. Obamacare will take steps to change that, finally.

    • Brian

      Yeah, and look how well they are doing you idiot!!!

  • Flowerknife_us

    The health care bill will criminalize wealth more than anything else. Everyone is expected to buy coverage-knowing a large segment of the population can never hope to pay. So those without get it free(voucher) while everyone else pays under penalty of fines,confication-Jail?

    No matter what "coverage" is mandated(??????) you know damm well the premium will be priced to cover all the havenots.

    All those Americans who pay no Federal Income Taxes just hit the jackpot and the prize is "free health care"-for life.