The ticking time bomb known as Obamacare — complete with exploding federal deficits, obliterated state budgets and collateral damage to jobs, businesses, the economy in general and, oh yeah, the thing it was supposed to fix, your health coverage — is nigh. Perhaps no one has brought more attention to the peril than U.S. Senator Ted Cruz, our 2013 Gala Speaker on October 5 (see information about for tickets). As the clock counts down to its October implementation, and Congressional conservatives such as Senator Cruz and several stalwarts in the House of Representatives press on now that the Senate returned the government funding bill back to the House without the Obamacare defunding language — not to mention the impending decision Virginia must make as to whether to expand Medicaid under Obamacare — its impact will create some very real negative changes. Kelsey Harris at The Heritage Foundation's The Foundry Blog lists five:
1. Will young adults, whose premiums will skyrocket, ever go to a doctor if it's cheaper to pay the tax than to buy insurance?
The absolute insanity of this never ceases to amaze me: Make it so expensive for young people to buy insurance, but then offer them a taxpayer subsidy to enter the Obamacare exchange. This saves money how? It gets even more expensive if a person who is driven out of his or her insurance seeks medical attention at an emergency room, the exact scenario the leftist authors of the law say they're trying to prevent.
2. When will people have time to find a new doctor?
Despite promises by the president, people will not be able to keep their doctors.
3. Premiums for young families will rise dramatically.
Rising costs will make it more difficult to buy necessary supplies for children.
4. Lost jobs or reduced hours and revoked coverage.
Because of the costs to employers, many companies are reducing full-time jobs to part-time jobs or laying off people because enormous and burdensome regulations on businesses that employ a certain threshold of full-time workers. Additionally, it has forced many to cease offering insurance plans that cover spouses. Since, even today, that means cutting off the wife form the insurance plan, one might conclude that this is a real War on Women.
5. Another striker against women, especially single moms.
Since moms typically have custody of children in broken marriages, who will provide health insurance for the children when and if the mom is laid off?
Don't believe the lost jobs argument? Think it's hyperbole and a scare tactic? You don't have to wait until Obamacare is in full force. It's been happening for sometime now, as Rusty Weiss documents here at the FreedomWorks Blog. Here's a list of only some companies that have, or will lay off employees or eliminate jobs:
1. Welch Allyn: 275 employees this year and planned on dropping roughly 10 percent of its workforce over the next three years.
2. Orlando Health: 400 jobs.
3. Stryker: 1,000 jobs.
4. Wake Forest Baptist Medical Center: 950 jobs.
5. Boston Scientific: Between 1,200 and 1,400 jobs in 2011; up to 1,000 employees this year.
6. Smith & Nephew: 100 employees.
7. A Blue Cross/Blue Shield: 100 employees.
8. Medtronic: 1,000 jobs by the end of the fourth quarter.
9. Reading Hospital: 391 jobs.
10. Abbott Laboratories: 1,900 jobs.
All cited specific new regulations and/or new taxes in Obamacare that have made it untenable for them to maintain their present staffing levels. In the meantime, big corporations, big labor and Congress all have received Obamacare exemptions granted by . . . Congress itself and President Obama! Everyone but the average American citizen. In a few short days we'll know it and feel it for sure.