Too bad, you won’t be able to keep it. Many of you may be thinking but Obama has said if we like our current health plan it will not be taken away, and the administration along with its allies have criticized anyone who has tried to say otherwise.
Unfortunately, Obama’s promises always have expiration dates.
Both the Senate and the House health bills slash a significant part of my employer’s health plan — the Health Flexible Spending Account — restricting them to $2500 and restricting what they can used for.
That single change in my health plan (and my wife’s) will cause our family to pay a couple thousand dollars more each year in income taxes, and yet my FSA might still cause my employer’s plan to trigger the 40% Senate tax on Cadillac plans (I don’t know enough about the full cost of our plans to know).
Anyone brave enough to trust Obama to veto a healthcare bill that still retains these features?