nos-trum. pronunciation: \nos'-trum\. noun. Etymology: Latin, neuter of noster our, ours.
1. a medicine of secret composition recommended by its preparer but usually without scientific proof of its effectiveness.
2. a usually questionable remedy or scheme.
See here for more discussion.

Tuesday, July 20, 2010

More Of The Same Poison Pill: MA Employers Dropping Health Insurance

As I've written before, the Massachusetts health care program is the prototype for ObamaCare.  As was alleged in the debate over HCR, employers are dropping their plans.

The Boston Globe (July 18) reports,
In Sandwich, business consultant Bill Fields said he has been hired by small businesses to enroll about 400 workers in state-subsidized care since April, because the company owners said they could no longer afford to provide coverage. Fields said that is by far the largest number he has handled in such a short time.
“They are giving up out of frustration,’’ Fields said of the employers. “Most of them are very compassionate but they simply can’t afford health insurance any more.’’
The state's response is, "Uh....we can't confirm that...we haven't looked at the data yet."

But it's a growing trend, the paper reports.

The nation's experience will be parallel.  It took MA four years to go downhill, so there will be some delay at the national level, although some businesses are already taking steps to prepare.

Runaway costs are at the root of the problem.  Finger-pointing for political purposes doesn't help the problem  ("It's the insurers." "No, it's the hospitals."  No, it's the drug companies.")

Actually it's the system they set up. ("You can keep your plan...")

Doc D

No comments:

Post a Comment


What I'm Reading - Updated 3 May

Blog Archive