Feeling the pinch of 10 percent unemployment? How about having a job and losing your employer-sponsored health insurance?
That’s what could happen, according to a just release report on the Senate health bill from teh Congressional budget office. The Washington Examiner reports:
The Congressional Budget Office predicts up to 10 million people would lose employer-sponsored health care coverage under Senate Democratic health care reform plan.
“Firms that would choose not to offer coverage as a result of the proposal would tend to be smaller employers and employers that predominantly employ lower-wage workers‚”people who would be eligible for subsidies through the exchange,” The CBO reports, “although some workers who would not have employment-based coverage because of the proposal would not be eligible for such subsidies.”
The CBO found that by 2019, 157 million people would have their insurance provided through an employer, about 5 million fewer than current law. Another 6 million would receive new employer coverage, in part because a proposed mandate would increase demand.
Now what was that again about President Obama’s promise that if you like your current health plan, you can keep it?