Study Says 80 Million MORE Americans Could Lose Employer Health Plans
First, it was the individually insured, single people, the young and folks who had just a policy on themselves.
Now, several studies and researchers are saying before the Obamacare rollout is finished, as many as 80 million working men and women with coverage through their employer will be forced out!
The Fox News website reports the American Enterprise Institute says individual losses were just the beginning:
Almost 80 million people with employer health plans could find their coverage canceled because they are not compliant with ObamaCare, several experts predicted.
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.”
The shocking news continued, from Fox News:
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.”
The reason for the losses is because many plans don’t cover certain services required by Obamacare, whether the customer wants them or not! It doesn’t matter if you have a policy that you have tailored to fit your budget and health needs.
And to make matters worse, millions of those whose policies have been cancelled are finding what experts call “sticker shock” at the healthcare exchanges. Obamacare was targeted towards providing cheap or free health care for low-income people who didn’t have it or could not afford it, but most of them could have had Medicare or Medicaid.