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.
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“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.”
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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?