So since "reality" and "reform" have come to health care, it is time to begin thinking about what some of the negative side-effects and unintended consequences might end up being. This is purely a thought exercise because I realize that in liberal Democrat reality there are no negative side-effects or unintended consequences. But let's have fun with it anyway.
Let's begin with CNN's summary of "What health care reform means for your business"
Insurers will no longer be able to set rates or exclude coverage based on pre-existing conditions, and can vary premiums only by geographic location, age, and tobacco use.
These restrictions, however, would not kick in until 2014. Going into effect immediately: a ban on lifetime limits on coverage, and on "rescission" (canceling policies already issued) except in cases of fraud.
Starting in 2014, businesses with more than 50 employees will be required to either offer healthcare coverage or pay a penalty of $750 a year per full-time worker. The coverage offered will also have to meet minimum benefits -- covering both a specific set of services and 60% of employee health costs overall -- or else employers will face additional penalties. The $750-per-employee penalty for not providing insurance would rise to $2,000 under the House bill.
So-called "Cadillac" plans costing more than $10,200 a year for individuals or $27,500 for family coverage (not counting dental and vision plans) will be subject to a 40% tax on the portion of the cost that exceeds the limit. Though the tax would actually be paid by insurers, it's expected that it would be passed along to plan holders in the form of higher premiums. The Cadillac tax would be delayed until 2018 and apply only to the most expensive plans under the House bill.
Individuals earning more than $200,000 a year, or couples earning $250,000 or more, would be hit with a 3.8% surcharge on investment income to help pay for the bill.
I wonder, will there be any unexpected side-effects or consequences that might come about as a result of these "features" that are not immediately obvious to those are wearing rose-colored glasses?