Tuesday, November 26, 2013

ObamaCare and the Difficulties It Has Presented the Obama Adminstration, All of Their Own Making...

by: Les Carpenter
Rational Nation USA
Liberty -vs- Tyranny

Is it all scare tactics? Right wing hyperbole orchestrated to bring down the hated ACA and deny President Obama's hoped for legacy? A bunch of nutters as the left not so fondly refers to those who have opposed the ACA since the start just being obstructionists?

Certainly the ACA roll out has been riddled with difficulty, including security concerns. President Obama's credibilty has unquestionably been damaged, a result of promises broken with respect to oe being able to keep there insurance if they liked it. And now this... 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."

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. {Read More}

Related reading, Democrats Fear Obamacare Will Cost Them The Senate

Via: Memeorandum

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