chanel
Silver Member
Cato Institute analyst Michael Cannon as follows:
"Obama's definition of 'meaningful' coverage could eliminate the health plans that now cover as many as half of the 159 million Americans with employer-sponsored insurance, plus more than half of the roughly 18 million Americans in the individual market. ... This could compel close to 90 million Americans to switch to more comprehensive health plans with higher premiums, whether they value the added coverage or not."
.... The 83-page document, a joint project of the departments of Health and Human Services, Labor and the IRS, examines the effects that ObamaCare's regulations would have on existing, or "grandfathered," employer-based health care plans.
... In total, 66% of small businesses and 47% of large businesses made a change in their health care plans last year that would have forfeited their grandfathered status.
Read more: Leaked ObamaCare Docs: Majority of Employer Health Plans Won't Be 'Grandfathered' | NewsBusters.org