Keep Your Health Plan Under Overhaul? Probably Not, Gov’t Analysis Concludes

Posted: June 14, 2010 by billyd in Politics

Internal administration documents reveal that up to 51% of employers may have to relinquish their current health care coverage because of ObamaCare.

Small firms will be even likelier to lose existing plans.

The “midrange estimate is that 66% of small employer plans and 45% of large employer plans will relinquish their grandfathered status by the end of 2013,” according to the document.

In the worst-case scenario, 69% of employers — 80% of smaller firms — would lose that status, exposing them to far more provisions under the new health law.

via Keep Your Health Plan Under Overhaul? Probably Not, Gov’t Analysis Concludes – IBD – Investors.com.

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