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Politics : Formerly About Advanced Micro Devices

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To: THE WATSONYOUTH who wrote (927716)	3/29/2016 5:58:24 AM
From: FJB	1 Recommendation Recommended By locogringo Read Replies (1) of 1574017

ObamaCare may force employers to pull the plug on millions of health plans, CBO report finds Published March 28, 2016 FoxNews.com 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. Employers now cover some 155 million people, about 57 percent of those under 65. That's expected to decline to 152 million people in 2019. Ten years from now, employers will be covering about 54 percent of those under 65.

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