You think it’s bad now? Wait until 80 million more lose their insurance because of Obamacare



Got benefits through your job? Don’t worry. You still have months before your insurance gets canceled. That’s right. Since Obamacare’s infamous launch, millions of people have lost their health insurance.

But if estimates are accurate (and there is every reason to believe that they are—or at least close), roughly 80 million Americans will lose their health insurance because of Obamacare when the employer mandate kicks in.

From Fox News:
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.”

…A new wave of cancellations and sticker shock will emerge just before next year’s elections.
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What’s not mentioned in this article is just how blatantly obvious it is why Obama (illegally) postponed the employer mandate. If everyone would have lost their health insurance at once, it would have been the end of the law. Game over.

What’s more, it proves that he knew how awful it was going to be. There’s no getting around that fact. He can’t pretend that he didn’t know. Why would you suspend a law that you think is going to be great for everyone?

Most importantly, it means that Obamacare is about to get even worse.

H/T: Freebeacon


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