>CBO: Obamacare Could Make 20 Million People Lose Employer Based Insurance
The Congressional Budget Office and the staff of the Joint Committee on Taxation have prepared a new analysis of the ramifications of President Obama’s health care law on employer-based insurance. Outlining multiple scenarios for the ramifications of the act, based on the level of employer buy-in to shifting their employees to the exchanges, the CBO and JCT find that the number of Americans losing employer-based coverage could be dramatically larger than previously estimated.
Their analysis finds that approximately 3-5 million people will lose their employer based insurance under what they view as the likeliest outcome of the law, noting that “because of the ACA, about 3 million to 5 million fewer people, on net, will obtain coverage through their employer each year from 2019 through 2022 than would have been the case under prior law.”
https://news.heartland.org/newspaper-article/2012/03/15/cbo-obamacare-could-make-20-million-people-lose-employer-based-insuranc