Our View: . . . New horror stories pile up
Former House Speaker Nancy Pelosi famously said, upon approval of the massive ObamaCare legislation, that it needed to be passed so Americans could learn what’s in it. Well, by and large, we’ve learned enough to know we don’t like it. At least that’s what the polls continually indicate.
Opposition to all or parts of the law runs across a broad spectrum — from solitary citizens aghast at the cost of individual insurance policies available, or theoretically so, through state exchanges yet to be fully established; to small businesses bridling under a restriction limiting them to the choice of one coverage plan for all employees (at least until 2015) on the state exchange menu; and, finally, to a majority in the Senate determined (or so it appears) to rid the law of a job-killing medical device tax.
And now the latest, as noted by the Richmond Times-Dispatch on its editorial page: a submerged tax that will hit many companies to the tune of $63 for each person they insure — spouses and family members as well as employees. These dollars will, the T-D said, be dispatched to insurance companies in hopes of holding down rates for those in high-risk individual plans. The T-D termed this a naked transfer of wealth, albeit from one set of corporations to another — and accurately so.
As a result, many businesses, particularly those labeled “small,” don’t know if they’re coming or going. Is it any wonder that many are seeking ways to reduce their respective work forces to numbers below the 50-employee threshold and thus avoid the vexing employer insurance mandate?
To be sure, all this hardly portends well for the millions of Americans desirous of nothing more than full-time employment. Paint them the ultimate, though unintended, victims of ObamaCare.
So what might the future hold? We’ve long contended ObamaCare will collapse under its own brazen weight. Some in Congress would like to speed the process along, firebrand Sen. Ted Cruz, R-Texas, being the latest to sound the clarion for repeal.
On this score, there may be some reason for optimism, for as Fox News analyst Brit Hume notes, ObamaCare is no more popular now than the day it was passed. That’s generally not the case with new benefit programs.