Analysis: 52 million Americans to lose health insurance due to Obamacare insanity
by: J. D. Heyes
Wednesday, November 13, 2013
President Obama’s repeated lie that Americans who liked their insurance plans could keep them under Obamacare is turning out to not be the biggest lie of all regarding the law.
We now not only know that Obama lied about coverage but have also learned that the president and his staff knew in 2010 that far more than just 5 percent of private insurance buyers are likely to lose their plans as well.
As reported by McClatchy DC:
[A]dvisers did say in 2010 that there were large caveats and that anyone whose insurance plan changed would lose the promised protection of being able to keep existing plans. And a report in 2010 said that as many as 69 percent of certain employer-based insurance plans would lose that protection, meaning as many as 41 million people could lose their plans even if they wanted to keep them and would be forced into other plans. Another 11 million who bought their own insurance also could lose their plans. Combined, as many as 52 million Americans could lose or have lost old insurance plans.
A report in Forbes put the number higher: 93 million.