If you like your insurance, you can keep your insurance. You know, until ObamaCare actually takes effect. Then you’ve got a good chance of losing your insurance. It turns out President Downgrade lied about the whole “choice in health care” thing. It’s more like “you’ll do what we want”. Go figure.

Nearly one in 10 midsize or large employers expects to stop offering health coverage to workers once federal insurance exchanges start in 2014, according to a survey from a large benefits consultant.

Towers Watson also found in a survey completed last month that an additional 20% of companies are unsure about what they will do…

A large majority of employers in both studies said they expect to continue offering benefits once the exchanges start. But former insurance executive Bob Laszewski said he was surprised that as many as 8% or 9% of companies already say they expect to drop coverage.

Such a move comes with potential payroll-tax headaches and could subject firms to fines. It also would give their employees a steep compensation cut if companies don’t raise pay in exchange for ending coverage.

Another recent survey found that nearly half of those employers with “high awareness” of the plan’s details intend to drop coverage. So you can expect that 9-10% figure to creep up once more employers receive counsel on the plan’s full effects.

And what are the full effects? Allah:

Once one business in the industry defects to cut costs, everyone else will be under strain to follow suit. Long story short, we may well be looking at higher unemployment and higher deficits once the new rules kick in. Perfection.

Welcome to the future under ObamaCare. Lost insurance, higher deficits, and more unemployment. But didn’t those who formulated the plan understand what would result? Yep.

Remember: The point of ObamaCare was never for ObamaCare to be the final objective. It was to disrupt the private market, toss employees off their employer health care plans, and generally destroy private insurance.

Then the same government that created the mess could come sweeping in with a single-payer system. You know, in response to the very same emergency situation the government sought to create.

These people have never stopped their push for government-run health care. They just moved the timetable back a little and built a time bomb rather than full-on destroying the place.