Obamacare: Another 80 Million Predicted to have Coverage Canceled
As Obamacare pushes to meet yet another failing deadline to get the flawed Healthcare.gov website up and running experts predict another wave of cancellations.The repeated “If you like your health care plan you can keep it” promise from the Obama administration has been proven false. Even the lucky few who will be able to keep their plan (for now) are only being granted an extension.
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.
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.
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The real losers in this are the young, the healthy, and the small business employer/employee. The “new” plans offered under the exchange are often more expensive and cover options many individuals deemed unnecessary.
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