Tuesday, September 10, 2013

How Obamacare will cause 16,000 Tennesseans to lose their health care insurance.

CoverTN won't be viable under federal health law as of Jan.1

TheTennessean, Sept 10,2013 - The state of Tennessee this month notified thousands of residents that they will lose coverage under a TennCare-sponsored program that helps small businesses and the self-employed buy health insurance because of the Affordable Care Act.

The letter states that as a limited-benefit plan, CoverTN does not cover all the services required by the federal law and will no longer exist as of Jan. 1.
Seems like I recall President Obama saying something like, "If you like your current insurance, you will keep your current insurance. No government takeover. Nobody's changing what you've got if you're happy with it."  Obviously this was not true and I never believed it for a moment. 

This is just one more example. Many employers are dropping insurance for their employees.  Some employers are no longer covering spouses. Health care cost are rising. We are only starting to see the total destruction of the private health insurance market.  I think we are headed for a total government take over of health care.

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