Today’s post is an email from Chris Jacobs, Health Policy Analyst of the Republican Policy Committee.
The Wall Street Journal has coverage today of Monday’s McKinsey study suggesting that more than half of all employers could decide to drop coverage by 2014… Credit Suisse in a Monday note to clients reiterated that employers dropping coverage is “exactly what was intended” by the law in the first place.
The last sentence is key. Moving away from private health insurance to government provided health insurance is not an unintended consequence of the law—-it is the long term goal.
Read more here.