Political Quotes

“Exactly. That is broken promise No. 2. Of course, broken promise No. 3 is also--very famously this President said: If you like your health care plan, you will be able to keep your health care plan, period. No one will take it away, no matter what. There are a couple of pieces of evidence that prove that is a broken promise. First of all, the CBO, in its initial cost estimate of the health care law, estimated that 1 million people would lose their employer-sponsored care and be put in the exchanges. By the way, that is a gross underestimate, and we will talk about that a little later. But also the Department of HHS has granted 1,200 to 1,700 waivers from basically some of the requirements of the health care law. That indicates that were it not for those waivers--basically employers saying: Listen, we need some relief here--my concern would be, and I think this is probably pretty true, those employers would be forced to drop coverage. And those waivers cover about 4 million Americans. But let me describe a little bit why I believe the 1 million-person estimate is so understated. There have been surveys of employers conducted in the last year that indicate that employers, when they take a look at the whole cost equation of the health care law, 30 to 50 percent, in one survey conducted by McKinsey & Company, of employers, when asked, plan on dropping their health care coverage shortly after implementation.…”