Up To 80 Million Could Lose Their Health Insurance Plans

Had this in the link dump, but it is worth another look.

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.”

Remember that part in bold. Next fall you'll hear the White House and Democrats claim they didn't know. The White House is claiming only five percent of Americans are affected by the Individual Mandate. That may be true today, but wait until next year when employers begin rescinding their health insurance coverage and dumping employees on the exchange.

It's already happening with small businesses. (autoplay video).

Be sure to bring this up at your Thanksgiving meal.

Update:

One of the reasons your plan is getting cancelled? It doesn't cover acupuncture. Yeah. Acupuncture.

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.

"Things like maternity care or acupuncture or extensive drug coverage," said Veuger. "And so now the law is going to force them to buy policies that they could have gotten in the past if they wanted to but they chose not to."

Thanks to Comrade Arthur for pointing that out.

posted by BenK at 11:14 AM

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