The death knell tolls for health care in America.
For decades, full time workers have depended on health insurance provided by their employers to cover their family's health care needs.
Then along came Barack Obama and the Democrats who decided that changing history was more important than simply shoring up the financially strapped Medicare and Medicaid system, and changing the rules to allow more Americans to apply.
Now that the health care bill has passed, 4 major corporations (AT&T, Verizon, Caterpillar and Deere) plan to drop health coverage altogether for their employees -- and pay a penalty to the government instead.
This action will instantly terminate insurance coverage for millions of Americans who will be forced to negotiate with ruthless insurance companies on their own.
From Hot Air:
Internal documents recently reviewed by Fortune, originally requested by Congress, show what the bill’s critics predicted, and what its champions dreaded: many large companies are examining a course that was heretofore unthinkable, dumping the health care coverage they provide to their workers in exchange for paying penalty fees to the government. [link]