New York Times: Baucus Bill Breaks Obama Promise

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On August 12th, President Barack Obama promised the American people: “Under the reform we’re proposing, if you like your doctor, you can keep your doctor. If you like your health care plan, you can keep your health care plan.”

But if you read the New York Times closely today you learn that the Baucus bill set for a vote today in the Senate Finance Committee breaks that promise. The NYT reports:

Under the Finance Committee bill, the tax would be imposed beginning in 2013 on employer- sponsored health plans with total premiums exceeding $8,000 for individuals and $21,000 for families, regardless of whether the coverage was paid for by the employer, the individual or both. The tax would be paid by insurers, who would be expected to pass along the cost to customers.

Critics say that would mean an increase in premiums or in out-of-pocket expenses for employees, raising medical costs for individuals and families.

Supporters say the more likely prospect is that employers would bargain-hunt or take other steps to avoid the tax, putting pressure on insurers to offer cheaper coverage and slowing the rise in medical costs for everyone.

In other words, instead of Americans keeping the health insurance they have now, Obamacare would force employers to cut costs and “bargain-hunt” for less generous plans.

Yet another broken Obama health care promise.

View article…

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