Seriously?
Did you read the article or make an assumption?
Can't you read your own graphic, dipshit?
Can you read at all?
Let's repeat, shall we? Put away the yellow marker and lets review shall we?
"We don't have great data about how quickly this is happening in the individual market, but we do see it in this Kaiser Family Foundation survey of the
employer market."
Contrary to what you think, it has plenty to do with employer plans. Hence the mention of "employer market" in the sentence.
Show me the great masses of employer plans being cancelled. You idiots are propagating a total fantasy.
Tell me something, do you have employer sponsored insurance? If so, then you are probably quite versed in how frequently the cost of that insurance has gone up over the past decade. Practically every year or two, employees get notified of a change to their plan, which usually includes their monthly cost going up.
Now, before ObamaCare, when this happened, did you say, "MY INSURANCE WAS CANCELLED!!!"?
No. You did not. You'd be an idiot if you did. You said, "My premiums have gone up" or "My costs have gone up" or "I am having to pay more for my insurance".
It's one of the reasons we have ObamaCare. Because the cost of health insurance has been rising faster than inflation
for decades. When the GOP had all the power, they decided to do NOTHING about that problem, even though the Democrats telegraphed what they would do if they got the chance.
Well, the Democrats got the chance, and now we have ObamaCare. Ta da!
Whatever ever-changing, ever-increasing-cost plan you had with your employer before ObamaCare was grandfathered. It did not have to meet the minimum insurance coverage requirements of the ACA.
Your company may have already exceeded those requirements, but it still had a "grandfathered" status.
After ObamaCare became law, if your employer subsequently changed your plan
again, and went outside the established allowable change parameters, then your employer's plan lost its grandfather status.
Those parameters are actually kind of narrow in the context of how much employer plans have been changing over the years. That's why the Obama Administration was able to predict how many employer plans would lose their grandfather status. Because employers have been changing their plans pretty frequently for a long time, so it was no mystical prediction to guess how many would change them between 2011 and 2013.
So when your employer increased your cost share by 10 percent, did you scream, "OH MY GOD, MY INSURANCE HAS BEEN CANCELLED!"? No. Because you would sound like an idiot again. Your policy wasn't cancelled, your costs went up. Just like costs have been for a long time.
But that pushed your employer plan out of grandfather country and into ACA country. Now your employer has to meet the minimum coverage requirements of the ACA.
Perhaps your employer already does. My company does. So when my company lost its grandfather status, it was, "So what?" It mattered ****-all to us. And that will probably be the case with many employers.
This is why it does not automatically follow that when an employer lost their grandfather status they cancelled, or will cancel, their plans.
Because of the ACA, many who had subpar plans will IMPROVE their coverage. Not cancel it.
Some employers who offer subpar plans may decided to cancel rather than improve to meet the ACA standards, and decide to pay the fines instead.
But extrapolating that
100 PERCENT of the employers who lost their grandfather status will stop insuring their employees is an idiot's gambit. And to claim that is what the Obama administration predicted is a flat out lie. The Obama adminstration only went so far as to predict how many would lose their grandfather status. They did not predict how many of those would subsquently stop insuring their employees altogether.
