Note to congressional Democrats: You can change your mind on Obamacare. It's allowed. Really. You can. We won't tell.
If MSNBC's anti-gun lefties like Ed Schultz can do a 180 on a hot-button issue like guns, then Democrats can change their minds about President Obama's signature Obamacare. More on this later.
President Barack Obama promised to provide healthcare insurance to some 30 million Americans without it. He promised to do so more cheaply than under the current system, without lowering quality for anyone. He promised: "If you like your doctor, you will be able to keep your doctor. Period. If you like your healthcare plan, you will be able to keep your healthcare plan. Period. No one will take it away. No matter what."
Obamacare requires carriers to take on people with pre-existing conditions and to allow young adults up to 26 years of age to remain on their parents' plan. Oh, and all this while "bending the cost curve" of health care downward and lowering the deficit.
Early results are in -- and they are not pretty.
Obamacare defines a full-time worker as one who works 30 or more hours a week. So some employers, especially those in food service, have simply cut hours for workers. According to a survey by the U.S. Chamber of Commerce, 74 percent of small business owners say have or intend to reduce hours, put off hiring or fire people.
Even Teamsters union President James Hoffa, once an avid supporter of Obamacare, now wants major changes: "[Obamacare] will shatter not only our hard-earned health benefits, but destroy the foundation of the 40 hour work week that is the backbone of the American middle class. ... The unintended consequences ... are severe," and "perverse incentives are causing nightmare scenarios."
For people who buy their plans individually -- about 10 to 15 percent of the nongovernment insured buy plans this way -- many will face higher costs than they do today, in some cases (SET ITAL)much(END ITAL) higher costs. Forbes magazine cites a study that predicts nearly 100 percent rate increases for young men, and more than 50 to 60 percent increases for young women.
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