Howard Dean: Employers will drop coverage under Obamacare

I's the central feature of ObamaCare, not a bug. Incentivize businesses to drop coverage for employees, run insurers out of business via burdensome regulation, then turn around and fix the 'problem,' entirely created by the federal government, by enacting a single-payer system run by that same federal government. This is how it begins: Dean: Employers will drop coverage under Obamacare

Former Democratic National Committee Chairman, and doctor, Howard Dean backed a McKinsey & Co. survey today that found that almost a third of private-sector employers will drop their employee health insurance coverage when Obamacare's government-managed insurance exchanges come online.

Dean told Morning Joe, "The fact is it is very good for small business. There was a McKinsey study, which the Democrats don't like, but I do, and I think its true. Most small businesses are not going to be in the health insurance business anymore after this thing goes into effect."

The reason Democrats fought so hard to dismiss the McKinsey survey when it was released is because its conclusion undermines two major claims  Obama made during health care debate: "If you like your health plan, you can keep it" and "It will not add one penny to the deficit."

Fellow Morning Joe guest former New York Gov. George Pataki immediately hit the first point: "The only way its a help is if they drop coverage and their employees would all of a sudden have to go on the exchange, which is what of course the president promised wouldn't happen."

The Congressional Budget Office (CBO) premised their Obamacare score on the assumption that only 7 percent of employers would drop their employee health plans. If the percentage is closer to the 30 percent, as the McKinsey survey results predict, Obamacare's price tag would rise by almost $1 trillion.

All lies:

UPDATE: Massachusetts should have been a lesson: Report: ‘Romneycare’ a jobs killer

The Bay State’s controversial 2006 universal health-care plan — also known as “Romneycare” — has cost Massachusetts more than 18,000 jobs, according to an exclusive blockbuster study that could provide ammo to GOP rivals of former Gov. Mitt Romney as he touts his job-creating chops on the campaign trail.

“Mandating health insurance coverage and expanding the demand for health services without increasing supply drove up costs. Economics 101 tells us that,” said Paul Bachman, research director at Suffolk University’s Beacon Hill Institute, the conservative think tank that conducted the study. The Herald obtained an exclusive copy of the findings.

“The ‘shared sacrifice’ needed to provide universal health care includes a net loss of jobs, which is attributable to the higher costs that the measure imposed,” said David Tuerck, the institute’s executive director.

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