WI Union-busting provisions added in budget committee

[Riot]

Originally Posted by wiphan

What do you think is going to happen to all the people employed in the insurance industry? Estimates are that a minimum of 800,000 will lose their jobs if all the provisions go into effect by 2014.

Um, no. There is no estimate whatsoever that "the insurance industry" will lose 800,000 jobs.

What was actually said, in the Congressional hearing that puts out the number you are quoting, where the CBO director spoke, was that 800,000 people, over the next 10 years, will no longer have to work just to afford their insurance, and that they may choose to not continue working.

http://www.politico.com/news/stories/0211/49273.html
By J. LESTER FEDER & KATE NOCERA 2/10/11

CBO Director Douglas Elmendorf told the House Budget Committee on Thursday that the health care law will reduce employment by 0.5 percent by 2021 because some people will no longer have to work just to afford health insurance.

“That means that if the reduction in the labor used was workers working the average number of hours in the economy and earning the average wage, that there would be a reduction of 800,000 workers,” Elmendorf said in an exchange with Rep. John Campbell (R-CA).

The report, published in August, said, "The Congressional Budget Office estimates that the legislation, on net, will reduce the amount of labor used in the economy by a small amount—roughly half a percent—primarily by reducing the amount of labor that workers choose to supply … That net effect reflects changes in incentives in the labor market that operate in both directions: Some provisions of the legislation will discourage people from working more hours or entering the workforce, and other provisions will encourage them to work more.”

It should also be noted that 800,000 no longer having to work just to afford insurance means ... insurance will cost less for them. A good thing.

The insurance will not be better for most of us that already have decent insurance.

Most people won't experience a change in their insurance, but all will and already have experienced benefits. It is already better for everyone who is insured, as your insurance company will no longer be able to rescind you. You also no longer have a lifetime cap.

Two good things that affects everyone in a positive way.

The only reason you believe that is you are self employed and have to pay your own insurance.

The benefits of the PPACA affect everyone, whether they are in a group at work or a group of self-employed. Nearly all the PPACA are simply consumer protections from private insurance companies. No "government takeover of health care".

Having the government involved with something like your health is not a good thing.

They do a pretty damn good job with Medicare. So good, that I think Medicare should be offered to everyone.

Have you ever dealt with a realtive on Medicare? The patients health is not what matters most

Yes, I do (both my parents) and those hoops are no different than what private insurance companies require - they are just specific to Medicare.
Another good thing from the PPACA is that it closes the donut hole for them. A big benefit.