According to internal Obama administration documents, leaked to House Republicans, over half of all health plans will be terminated by Obamacare:
Internal White House documents reveal that 51% of employers may have to relinquish their current health care coverage by 2013 due to ObamaCare. That numbers soars to 66% for small-business employers.
The documents — product of a joint project of the Labor Department, the Health and Human Services Department and the IRS — examine the effects new regulations would have on existing, or “grandfathered,” employer-based health care plans. . .
According to the report, by 2013 51% of all employers — 66% of small employers (3-99 employees) and 45% of large employers — would have to relinquish current coverage. In a worst-case scenario, 69% of firms would lose their grandfathered status.
Note: 51% is the median estimate. The upper estimate is 69% of all firms, including 80% of small firms. And this is the Obama administration’s own assessment.
The claim that people who like their insurance could keep it? That was a lie.
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