Families Could Look 'Forward' to Losing Their Health Plans Under Foster's Government Healthcare Takeover

From the National Republican Congressional Committee (NRCC)…

Illinois Democrat’s Government Takeover of Healthcare is Making it Harder for Employers to Offer Health Insurance Coverage

WASHINGTON — Bill Foster’s government takeover of healthcare (Roll Call #167, 3/21/10) is looking increasingly out of touch with the Illinois families he wants to represent again amidst new reports that show the big-government law is only making it harder for employers to keep offering health insurance benefits.

“Bill Foster’s defense of his government takeover of healthcare is a losing battle that will only get worse as the Democrats’ big-government policies move forward and bring more drastic consequences,” said NRCC Communications Director Paul Lindsay. “Now Foster will have to concede that millions of workers could lose insurance benefits for their families because of increasing fees and mandates that punish businesses offering health benefits.”

A new survey of Fortune 100 companies shows taxes and fees in the government healthcare takeover make carrying insurance benefits increasingly difficult for employers:

“In total, the 71 Fortune 100 companies that responded to this inquiry could save an estimated $28.6 billion in 2014 alone by eliminating health insurance coverage for their more than 5.9 million U.S. employees (impacting more than 10.2 million employees and dependents covered by those plans) and instead paying the $2,000 per full-time employee fine created in the Democrats’ health care law. From 2014 through 2023, these employers could save an astounding $422.4 billion if they took this action.” (“BROKEN PROMISE: Why ObamaCare Will Force Americans to Lose the Health Care Coverage They Have and Like,” House Committee on Ways & Means, 5/1/12)

This comes on the heels of a report last week from President Obama’s own jobs council that showed the government healthcare takeover will be a significant burden on employers trying to offer health benefits:

“Documents provided by members of the Council confirm that the mandates, taxes, and fees
contained in PPACA will increase the cost of providing health care and insurance premiums.
These corporations face a future of ‘potential indirect cost increase[s] through higher medical
costs across all [the] U.S.’ due to fees on health insurers, pharmaceutical manufacturers, and
medical device manufacturers mandated by PPACA.” (“Higher Costs, More Confusion, Less Coverage: How the Health Care Law Affects Employer-Provided Health Care Coverage,” House Committee on Energy & Commerce, April 2012)

www.nrcc.org

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