Experts: Close to 80 million could lose health care insurance under #Obamacare

Posted by: ST on November 26, 2013 at 9:36 am

He knew.

“If you like it you can keep it”, right? Er, no. Via Fox News:

Almost 80 million people with employer health plans could find their coverage canceled because they are not compliant with ObamaCare, several experts predicted.

Their losses would be in addition to the millions who found their individual coverage cancelled for the same reason.

Stan Veuger of the American Enterprise Institute said that in addition to the individual cancellations, “at least half the people on employer plans would by 2014 start losing plans as well.” There are approximately 157 million employer health care policy holders.

Avik Roy of the Manhattan Institute added, “the administration estimated that approximately 78 million Americans with employer sponsored insurance would lose their existing coverage due to the Affordable Care Act.”

Last week, an analysis by the American Enterprise Institute, a conservative think tank, showed the administration anticipates half to two-thirds of small businesses would have policies canceled or be compelled to send workers onto the ObamaCare exchanges. They predicted up to 100 million small and large business policies could be canceled next year.

According to projections the administration itself issued back in July 2010, it was clear officials knew the impact of ObamaCare three years ago.

In fact, according to the Federal Register, its mid-range estimate was that by the end of 2014, 76 percent of small group plans would be cancelled, along with 55 percent of large employer plans.

And that’s exactly what Democrats wanted.  Ready for single payer, anyone?

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3 Responses to “Experts: Close to 80 million could lose health care insurance under #Obamacare”

Comments

  1. Drew the Infidel says:

    If the Good Lord is good to us this will be the death of liberalism.

  2. Great White Rat says:

    Of course single payer is exactly what the libtards wanted. Hell, Obama even said as much back in 2008, if anyone was listening.

  3. Carlos says:

    @GWR: That’s the problem. A little more than 50% weren’t listening, and for those of us who were, our lib-language interpretation centers in our brains told us what he was really saying, while the 50%+ were only hearing what they wanted to hear, with no interpretation from their brains at all.

    Probably because mush is a poor sieve to interpret through…