In a white paper written by The Cato Institute, Bad Medicine...A Guide to the Real Costs.....elaborates on the true cost of the health reform act, and it's secondary consequences:
Simply having insurance is not enough to satisfy the mandate.
More than 2/3 of companies could be forced to change their insurance coverage
Some of the mandated changes may have unintended consequences.
As many as a million workers could lose their health insurance coverage they have now.
Tennessee's experience with TennCare gives a precautionary tale.
The phase-out of these benefits imposes a high marginal tax penalty
All together these changes produce an enormous increase in the welfare state
Plans offered through the exchanges must meet minimum federal standards
President Obama has been hostile to consumer directed healthplans
The fate of HSA's depends upon ruling by the Sec'y of HHS.
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