[Congressional Record Volume 159, Number 162 (Thursday, November 14, 2013)]
[House]
[Page H7091]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1645
OBAMACARE
(Mr. KELLY of Pennsylvania asked and was given permission to address
the House for 1 minute.)
Mr. KELLY of Pennsylvania. Mr. Speaker, sometimes the truth hurts,
and for a quarter of a million Pennsylvanians, the truth really hurts
because they are losing their health care plans.
Mike McKean and his father own and operate Titan Tool Company. It is
a small business in Fairview, Pennsylvania, that their family has run
since 1920. In his letter to our office, Michael wrote:
My dad has always prided himself of offering 100 percent
health care coverage for every single one of our associates.
It has been this way for as long as I can remember.
However, under ObamaCare, their yearly premium will rise 113.9
percent, taking the cost from $120,000 to $227,000. One of his
employees will see her monthly premium go from just over $300 to $940.
That is a 249 percent increase.
In Michael's words:
This type of increase is too much for the company to
weather. Next year, for the first time in decades, my father
and my family are forced to drop insurance coverage for our
employees.
He also added:
Being the generous and concerned person my father is, he
said he would give each employee this year's cost of premiums
to offset the rise in costs, but beyond that, he cannot
afford to do any more. This means that, next December, we
will all have to pay enormous increases out of our pocket for
poorer coverage.
That happens to be the truth, and not one that they have to go back
on later on.
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