Saturday, June 18, 2011

Is A Bigger, More Expensive Obamacare Coming Next Year?
A new employer survey by McKinsey & Co. finds more than half American companies are going to "dump" their workers into government sponsored plans.

The paper says more than 90 million workers with employer-provided care will end up in the "Obamacare" exchanges, increasing the cost of the plan by $400 billion over the next 10 years.

Further suggesting the point of "Obamacare" is to put all Americans in the program, McKinsey projects the annual public cost would eventually increase by $800 billion....