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Thursday, March 15, 2012

CBO: 4 million to lose employer insurance by 2016 | Times 247

CBO: 4 million to lose employer insurance by 2016 | Times 247: A new report by the nonpartisan Congressional Budget Office states that by 2016, Obamacare will result in 4 million people fewer people getting health insurance coverage from their employers.

The estimate is a vast increase from the CBO prediction just a year ago that 1 million would no longer obtain coverage from their employers. And it raises substantial questions about the veracity of one of Obama’s key pledges in selling the health care law — that everyone who wants to keep their current health insurance plan and doctor could do it.

It’s not clear how many of the 4 million would be forced out as a result of employers dropping coverage. But it can be assumed that many will indeed lose their insurance and have to seek it elsewhere, since few people would seem likely to intentionally abandon coverage provided by an employer.

Read the original article at White House Dossier


Read more at: http://times247.com/articles/cbo-4m-fewer-will-get-health-plans-at-work-by-2016

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