Seven million will lose insurance under Obama health law

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Seven million will lose insurance under Obama health law

By Stephen Dinan
February 5, 2013
http://www.washingtontimes.com

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President Obama’s health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.

CBO said that this year’s tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they’ll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.

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About ace5ace

60, roaming the Ozarks.
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