50,000 to lose health insurance before midterms

Top companies yanking coverage due to Obamacare regulations

(DAILY CALLER) Tens of thousands more Obamacare cancellations are going to pile up over the next month, potentially putting pressure back on the health-care law in the weeks before the election.

Insurance companies across the country are slated to send close to 50,000 people cancellation notices before November, according to the Morning Consult. That includes at least 30,000 New Mexicans who will be kicked off their plans, the Albuquerque Journal reported Tuesday.

“We got together and said, ‘This would be the right time to make sure all the citizens in the state who had a plan that wasn’t ACA-compliant would have the opportunity to convert to one,” said New Mexico insurance superintendent John Franchini, apparently without any irony. The state decided in May not to extend plans not compliant with Obamacare past the end of 2014.

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