RUSH: Look at this from the Charlotte Observer. I had this yesterday but didn’t have a chance to get to it. I told Snerdley this after the program. You remember that insurance plan that was canceled, the one you liked that Obama told you that you could keep and the doctor and you could keep and all that — and it got canceled? And then all kinds of pressure descended upon Obama, and he said, “Well, you know, people think I lied to ’em, and they’re right. I did lie.”
Well, he didn’t admit lying, but he did lie. So Obama said last week that you can keep your plan. He’s gonna go ahead and out of the grace of his decency and goodness, is gonna let you keep your plan now, the one that you just lost, the one that was just canceled. It’s still gonna be illegal. They’ve not changed the legality. They’re not change the law. Your plan that was canceled is still illegal.
It’s just that the munificent and magnificent Obama is not going to enforce the law so you will not be a lawbreaker. The onus is now on the insurance companies to make your plan back available to you if you want it. Blue Cross and Blue Shield said, “Okay, we’ll do it,” with one caveat. “Blue Cross and Blue Shield of North Carolina said Tuesday it will raise rates as much as 24% on 2013 individual health insurance plans that are being extended next year.” As I say, I had this yesterday and didn’t get a chance to get to it.
Even though these premiums are going up 24%, everybody is tremendously revealed to be able to keep their plans for another year, which just goes to show you how terrible they are. Of course, the real problem is that under the exchanges, the rates would have gone up 500%. I’m not kidding. There are a couple of cases cited the bottom of the piece. But the bottom line is that, at least at Blue Cross and Blue Shield of North Carolina, if you want to go get the plan that was taken away from you, you can do it.
But it’s gonna cost you 24% more than it did when it was taken away, because your plan’s still illegal. The law hasn’t been changed. Obamacare is still the law of the land, and the plans still have to comply — and in order to comply, they gotta charge you 24% more. Isn’t it a great deal, folks? You get to keep your old plan! No, it’s not your old plan. But it is your old plan as far as far as Obama’s concerned it’s your old plan, but it isn’t.
(interruption) You’re right. If the plan you liked, I’m sure one of the reasons you liked it was the price. Well, bye-bye price! Because the plan that you liked, the plan Obama magnificently is now “allowing” (that was the word) you to keep, minimum 24% increase in price. This is just North Carolina. It’s gonna be different from state to state, but every place in this country where you try to go back just for one year, and then after a year you’re gonna lose it again and then you’re gonna be thrown in to the exchanges.
By the way, folks, there are two shoes that are gonna drop next year. One shoe, as we mentioned, is early next year when the plans that are provided to people via work. Those haven’t been canceled yet. This is just the individual market so far that’s been affected by the cancellation notices, but you may now be receiving notices in the mail that your employer-provided plan will be canceled next year, and that’s gonna reach about 90 million people.
There’s another shoe that is going to drop later next year around October. Let me see… Yes! “A new and independent analysis of Obamacare warns of a ticking time bomb, predicting a second wave of 50 million to 100 million insurance policy cancellations next fall — right before the midterm elections. The next round of cancellations and premium hikes is expected to hit employees, particularly of small businesses.
“While the administration has tried to downplay the cancellation notices hitting policyholders on the individual market by noting,” It’s just 5%, or just 8%! It’s just 15 million people! It’s nothing. Don’t sweat it. It’s an asterisk. Well, “An analysis by the American Enterprise Institute … shows the [Regime] anticipates half to two-thirds of small businesses would have policies canceled or be compelled to send workers onto the Obamacare exchanges. They predict up to 100 million small and large business policies could be canceled next year.”
Let me say something about small business. All of these people in the Regime and all of these theoreticians, the people that I describe — all these leftists, like Obama, and everybody in his administration, the Timothy Geithners to the Kathleen Sebeliuses, you name it — none of them, folks, have ever met a payroll. None of them have really ever worked in the private sector. They have always been somewhere in the public sector, either in academe or in government or in a nonprofit.
It’s someplace where they are given money. They are paid via taxpayer money. They do not have real-world, private sector business experience. It’s one of the most noteworthy things about the composition of the Obama administration, and the one thing they don’t understand — and there are many things. The one thing that they don’t understand, and they never understand, is how fragile most small businesses are. I’m not kidding you with this, now.
The people we’re talking about — Obama, Geithner, take your pick, any of them — business is business to ’em — small business, large business — and it’s all evil, and every business cheats its employees. Every business has a pile of money hidden away someplace for the owner. Every business is made up of people who hoard the money. They overcharge their customers, they underpay their employees, they don’t give them very many benefits, and they take all the money themselves for their big houses and cars.
That’s how they look at it, and I’m not exaggerating. They’re anti-capitalists, and that’s how they see a capitalist entity, be it large or small. So they don’t understand how fragile most small businesses are. If you’re a small business owner, I think you know exactly what I’m talking about. It’s day to day sometimes, especially in this economy. It’s week to week, and in most cases of those who own a small business, you’re the last one to get paid. Everybody else gets paid before you do.
If that day comes second half of next year where you’ve gotta cancel people or change or wipe ’em out or move ’em onto the exchanges, it’s not ’cause you’re mean and it’s not ’cause you’re selfish. It’s because it’s the only way you’ll be able to stay in business, and that is your gift from the Regime. They haven’t the slightest idea. To them, the private sector is this giant piggy bank. It’s a golden goose, and it’s always producing money. The golden goose is fat. It’s always fat. There’s always more money.
It’s unfair how much money there is in the private sector, ’cause it’s all hoarded by these business owners, and they’ve all got a lot of money. They all drive fancy cars, and they all have big houses and they’re all members of the country club and they’re all really mean to their employees. This is how they think of it, folks. I’m not exaggerating at all. I’m trying to make a point.
They think there’s no difference in the ABC Widget Company than there is from Exxon. It’s all business, and that means customers get screwed, employees are underpaid, and the people that run it are unfairly wealthy. They have no idea how fragile small businesses are. They don’t understand. When they put out this definition of a small business, 50 employees, they don’t understand why massive small businesses start converting full-time people to part-time to get out of Obamacare.
They don’t understand it. They think that’s just greed operating. Don’t doubt me. They have no practical understanding that that is how a small business must adapt to stay in business. They just look at a small business converting full-time employees to part-time as typical business owner greed. They really do think that they sit in Washington, exalted, smartest people in the room, passing laws, and you’re not smart enough to live your life the right way. You’re not smart enough to run your business the right way. They are. And that’s what they’re doing, to make sure that your business runs the way they think it should because you don’t know what you’re doing.
So when you, in reaction to their new law to give everybody health care, start converting full time workers to part-time, they haven’t slightest idea that you’re doing it to stay alive. They haven’t the slightest idea that you’re doing it to stay in business. They think you are unfairly taking advantage of the law. I’m telling you, this lack of understanding they have, coupled with every other aspect of this health care law, folks, our economy, next year, if something doesn’t change, the effect on the overall economy of just this power grab, the taking of one-sixth of the economy and transferring it to government control is gonna wreck the primary number one engine of job creation in the country, which is small business. And they don’t know.
For those who do, there might be, you know, exceptions, there might be some people in the Regime who know what I’m telling you. They don’t care, because still, at the end of the day, they still think because you’re in business and own it that you’re greedy and mean and selfish. And you treat people unfairly. You discriminate, probably don’t like women, probably don’t like blacks. You certainly don’t like Hispanics. This is just the way they look at you. They know better. They know how to run your business better than you do and they’re gonna see to it that they do run your business. And if you go out of business it just meant that you deserve to.
They’re never wrong. They never misjudge. Everything’s your fault, or our fault. But I’m telling you, this is an anvil that is poised over this country. And the American people know it.