RSSAlmost 80 Million with Employer Health Care Plans Could Have Coverage Canceled … It was Clear Officials Knew the Impact of ObamaCare 3 Years Ago
This is important to be repeated over and over and over, because Barack Obama and Democrats knew it and they went forward and lied to America anyhow …
The current 5+ million Americans who have lost their insurance thanks to Obamacare is a mere pittance compared to what is expected when employers are mandated to cover employees with the rules of the not-so-affordable health care law. Experts are saying that 80 millions Americans could lose their employer healthcare plans and worse yet, Obama and Democrats were 100% aware of the carnage.
CBS News finally reporting the truth or should we say the lies of Obama and Obamacare
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.
The reason behind the losses is that current plans don’t meet the requirements of ObamaCare, which dictate that each plan must cover a list of essential benefits, whether people want them or not.
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6 Responses to “Almost 80 Million with Employer Health Care Plans Could Have Coverage Canceled … It was Clear Officials Knew the Impact of ObamaCare 3 Years Ago”
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The people should make the Democrat/Socialists pay the price for lying by voting them all out of office.
If even 5% of the 100 million plus total affected by Obamacare cancellations are A) Democrats who will then stay home in 2014 out of disgust, or B) Republicans who stayed home in disgust in 2012 because of Romney who will vote GOP for sure now, then that’s a 5% swing for the GOP across the board, leading to a 2010-style landslide.
The number will be far, far greater than 5%.
I read today that the kid heckling obama was in fact a plant. He was an illegal alien whitehouse guest. And obama says we are a nation of laws. BS . He has broken every law on the books and continues to do it.
My guess is that he will declare martial law and declare himself king . Those like harry reid and pelosi push his agenda like the slaves they have become.
NO MORE DEMOCRAT LEADERS IN OUR POLITICS. BAN THEM ALL.
The next year is going to be very interesting to watch. Some companies will cancel coverage as their renewal dates come up during the year. The remainder of those 80M will get their notices October 1 with a January 1, 2015 effective date. All of this will occur BEFORE the 2014 election. Obama moving the sign-up period till after the election won’t really be effective because 80M employees will know that they have been cancelled BEFORE the election. They just won’t know exactly how much more expensive their new policies will be. But by October 2014 there will be a lot of information detailing the increased prices people are having to pay this year. We can just sit back and watch the SNAFU. I sense a massive Republican sweep when 80M people find out that they are personally affected with increased “taxes” for their new health care policies.
Leave it to a man who has never done an honest day’s work to leave us with such a mess as this:
1) higher insurance premiums AND deductibles
2) cancelled policies
3) reduction of work hours thanks to Obamacare
4) higher unemployment because of Obamacare
5) a porous border with Mexico
6) a weaker military
7) Muslim Brotherhood in key government positions
8) closing the US embassy at the Vatican
9) violations of the US Constitution
10) numerous scandals too many to list
11) billions and billions of tax dollars wasted