80 million. That’s a big number. I think it may be too low. I’ll explain later.
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.”
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 higher number makes more sense to me, because of the way Obamacare grandfathers plans. Essentially, it doesn’t. You’re grandfathered unless your plan has changed, even in minute ways, since March 2010. That’s more than four years from the time the law passed until the mandates start kicking in. Whose plan stays exactly the same for four years? Families grow and change or split up, we change jobs an average of every three to four years, we move, our tax situations change, we gain or lose income. Many small businesses change plans every couple of years just to get a better deal, either for the business or employees or both. I’m not sure all of this is accounted for in the lower estimates.
Whatever the number is, it’s higher than the zero that the Democrats promised and President Barack Obama knew that this chaos was coming all along. He knew that he was plotting to hurt millions of people for his own political purposes. He chose to hide it and lie about it. That’s really unforgivable.