Implementation of Obamacare a Complete Success

Since the passage of the Patient Protection and Affordable Care Act (PPACA) 4.5 million Americans have lost their employee sponsored insurance plans. This in only 18 months and in spite of 1800+ waivers to small companies, 4 states (Massachusettes, New Jersey, Tennessee, Ohio) and nearly every employ union.

Via~ 

This is not what the Congressional Budget Office (CBO) had predicted would happen. Rather, the CBO had predicted that Obamacare would increase the number of people with employer-sponsored insurance by now.  It had predicted that, under Obamacare, 6 million more Americans would have employer-sponsored insurance in 2011 than in 2010 (see table 4, which shows the CBO’s projected increase of 3 million under (pre-Obamacare) current law and an additional 3 million under Obamacare). So the CBO’s rosy projections for Obamacare (and even these paint a frightening picture) are already proving false. 

So 18 months in PPACA is failing to hit overly rosy projections given by the CBO. I contend this doesn't represent a failure, but a success. As businesses and companies continue to eliminate health benefits for their workers the federal government will be right there waiting with open arms to put them into a one size fits all plan that of course cannot be paid for. This is exactly the scenario needed to demonize and do away with private health insurance on a national scale.

Single payer here we come.

Bottom Line 

The health insurance system in the United States is experiencing numerous changes. Governments and businesses have and will continue to cut back and/or reform their health coverage offerings to handle tough economic circumstances, rising healthcare costs, and requirements of the Affordable Care Act.

The nation's largest private employer, Wal-Mart, announced in October that new part-time employees who work less than an average of 24 hours a week would no longer be able to get their health insurance from the company. Wal-Mart laid out several other cuts to its health insurance offerings, including some workers' ability get coverage for their spouses. Other companies have already made and will likely continue to make similar changes to their health insurance benefits.