The Heritage Foundation and The Lewin Group released an analysis of the House health bill which Speaker Nancy Pelosi says she has the votes to approve (um, not quite). This analysis showed that if the public plan component became law:
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Approximately 103 million people would be covered under the new public plan and as a consequence about 83.4 million people would lose their private insurance. This would represent a 48.4 percent reduction in the number of people with private coverage.
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About 88.1 million workers would see their current private, employer-sponsored health plan go away and would be shifted to the public plan.
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Yearly premiums for the typical American with private coverage could go up by as much as $460 per privately insured person, as a result of increased cost-shifting stemming from a public plan modeled on Medicare.
Another reason to kill this bill and start over, but no let’s rush it.
Shane Vander Hart
Editor & Founder at Caffeinated Thoughts
Shane Vander Hart is the founder and editor-in-chief of Caffeinated Thoughts. He is also the President of 4:15 Communications, LLC, a social media & communications consulting/management firm. Prior to this Shane spent 20 years in youth ministry serving in church, parachurch, and school settings. He has also served as an interim pastor and is a sought after speaker and pulpit fill-in. Shane has been married to his wife Cheryl since 1993 and they have three kids. Shane and his family reside near Des Moines, IA.
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http://www.washingtonpost.com/wp-dyn/content/article/2009/07/22/AR2009072203696.html