Tomorrow marks the third anniversary of President Obama’s most significant legislative ‘accomplishment’: ObamaCare — the largest expansion of the welfare state in five decades. Tellingly, the President made sure it did not go into effect until after his re-election campaign concluded. Thus, Americans will not feel the full impact of this disastrous legislation until this coming January.
Despite a long, lavishly funded campaign to sell the supposed benefits of the 2,400 page behemoth, polls show ObamaCare is still as deeply unpopular now with the American people than when it passed in the spring of 2010. A recent Kaiser Family Poll shows that opposition to the law remains above 40%.
On this inauspicious anniversary of ObamaCare we should pause and remember the promises made by the President during his campaign to pass this legislation. Time and again President Obama told Americans that, “If you like your health plan, you can keep it.” Yet the nonpartisan Congressional Budget Office estimates that the number of workers who get health care plans from their employers will drop by millions. The plans that most Americans say they’re satisfied with and would like to keep will cease to exist as insurers are forced to comply with new regulations. Already, employer-provided plans are disappearing as small businesses trim payrolls to stay below the 50 person threshold after which the law mandates comprehensive coverage be provided for all workers. The devastating unintended consequence of ObamaCare is more companies dropping health care benefits altogether.