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Wednesday, March 30, 2016

ObamaCare may force employers to pull plug on millions of health plans, CBO finds

In the latest report to undercut President Obama's "If you like your health care plan, you can keep it" promise, the Congressional Budget Office projects millions of workers will leave employer-sponsored health plans over the next decade because of ObamaCare.

Some will opt to go on Medicaid, but others will be kicked off their company plans by employers who decide not to offer coverage anymore, according to a new CBO report titled, "Federal Subsidies for Health Insurance Coverage for People Under Age 65: 2016 to 2026."

"As a result of the ACA, between 4 million and 9 million fewer people are projected to have employment-based coverage each year from 2017 through 2026 than would have had such coverage if the ACA had never been enacted,” the report, released Thursday, said.



Anonymous said...

Everyone saw this coming. It was a lie from the start. But who will be held accountable?

Anonymous said...

It is Bush's fault

Anonymous said...

The final straw for Obama care to work is to force small business to not offer the health benefits. The easy way to do this is to make premiums non tax deductible.