Green Energy
From Ace:
- Cbs: Obamacare Hiking Costs For Employers, Forcing Them To Drop Coverage For Workers
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...
- Report: Second Wave Of Health Plan Cancellations Coming Next Fall, Between 50-100 Million Could Lose Their Coverage
From Fox: A new and independent analysis of ObamaCare warns of a ticking time bomb, predicting a second wave of 50 million to 100 million insurance policy cancellations next fall — right before the mid-term elections. The next round of cancellations...
- "as Many As 52 Million Americans Could Lose Or Have Lost Old Insurance Plans”
The McClatchy Newspaper group (not exactly a right wing center of political thought):Even as President Barack Obama sold a new health care law in part by assuring Americans they would be able to keep their insurance plans, his administration knew that...
- But They Were Martyrs For The Greater Good: Nbc-obama Admin. Knew Millions Could Not Keep Their Health Insurance
NBC NewsPresident Obama repeatedly assured Americans that after the Affordable Care Act became law, people who liked their health insurance would be able to keep it. But millions of Americans are getting or are about to get cancellation letters for their...
- Some Unions Grow Wary Of Health Law They Backed, Want Government Subsidies To Pay Their Insurance Plans
From the Wall Street Journal: Labor unions enthusiastically backed the Obama administration's health-care overhaul when it was up for debate. Now that the law is rolling out, some are turning sour. Union leaders say many of the law's requirements...
Green Energy
Mid-range estimate: 51% of employer-sponsored plans will get canceled
I WILL USE CASS SUNSTEIN
TO GRIND THE SERFS TO DUST
From Ace:
But Carney’s dismissal of the media’s concerns was wrong, on several fronts. [This refers to Carney's, get this, false characterization of a Federal Register estimate as only concerning individual market policies. -- ace.] Contrary to the reporting of NBC, the administration’s commentary in the Federal Register did not only refer to the individual market, but also the market for employer-sponsored health insurance.
Section 1251 of the Affordable Care Act contains what’s called a “grandfather” provision that, in theory, allows people to keep their existing plans if they like them. But subsequent regulations from the Obama administration interpreted that provision so narrowly as to prevent most plans from gaining this protection.
“The Departments’ mid-range estimate is that 66 percent of small employer plans and 45 percent of large employer plans will relinquish their grandfather status by the end of 2013,” wrote the administration on page 34,552 of the Register. All in all, more than half of employer-sponsored plans will lose their “grandfather status” and get canceled. According to the Congressional Budget Office, 156 million Americans—more than half the population—was covered by employer-sponsored insurance in 2013.
Another 25 million people, according to the CBO, have “nongroup and other” forms of insurance; that is to say, they participate in the market for individually-purchased insurance. In this market, the administration projected that “40 to 67 percent” of individually-purchased plans would lose their Obamacare-sanctioned “grandfather status” and get canceled....
How many people are exposed to these problems? 60 percent of Americans have private-sector health insurance—precisely the number that Jay Carney dismissed. As to the number of people facing cancellations, 51 percent of the employer-based market plus 53.5 percent of the non-group market (the middle of the administration’s range) amounts to 93 million Americans.
Administrator of the Office of
Information and Regulatory Affairs
2009-2012
- Cbs: Obamacare Hiking Costs For Employers, Forcing Them To Drop Coverage For Workers
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...
- Report: Second Wave Of Health Plan Cancellations Coming Next Fall, Between 50-100 Million Could Lose Their Coverage
From Fox: A new and independent analysis of ObamaCare warns of a ticking time bomb, predicting a second wave of 50 million to 100 million insurance policy cancellations next fall — right before the mid-term elections. The next round of cancellations...
- "as Many As 52 Million Americans Could Lose Or Have Lost Old Insurance Plans”
The McClatchy Newspaper group (not exactly a right wing center of political thought):Even as President Barack Obama sold a new health care law in part by assuring Americans they would be able to keep their insurance plans, his administration knew that...
- But They Were Martyrs For The Greater Good: Nbc-obama Admin. Knew Millions Could Not Keep Their Health Insurance
NBC NewsPresident Obama repeatedly assured Americans that after the Affordable Care Act became law, people who liked their health insurance would be able to keep it. But millions of Americans are getting or are about to get cancellation letters for their...
- Some Unions Grow Wary Of Health Law They Backed, Want Government Subsidies To Pay Their Insurance Plans
From the Wall Street Journal: Labor unions enthusiastically backed the Obama administration's health-care overhaul when it was up for debate. Now that the law is rolling out, some are turning sour. Union leaders say many of the law's requirements...