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CBO Now Says 10 Mil Will Lose Employer Health Plans Under ObamaCare
Investor's Business Daily ^ | 01/27/2015 | IBD Staff

Posted on 01/28/2015 4:22:28 AM PST by IBD editorial writer

Health Reform: The Congressional Budget Office now says ObamaCare will push 10 million off employer-based coverage, a tenfold increase from its initial projection. The "keep your plan" lie just gets bigger and bigger.

(Excerpt) Read more at news.investors.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; Government; News/Current Events
KEYWORDS: 0carenightmare; cboobamacare; insurance; obamacare; obamacareemployers; obamacarelies
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1 posted on 01/28/2015 4:22:28 AM PST by IBD editorial writer
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To: IBD editorial writer

Now, what was the number of uninsured that Obamacare was supposed to “fix” everything for again?


2 posted on 01/28/2015 4:26:17 AM PST by Darksheare (Those who support liberal "Republicans" summarily support every action by same.)
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To: IBD editorial writer

We’ve known this for a long time.


3 posted on 01/28/2015 4:27:20 AM PST by caver (Obama: Home of the Whopper)
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To: IBD editorial writer

And employers love it as a significant cost for them—employee health care coverage—is removed.


4 posted on 01/28/2015 4:28:18 AM PST by Arm_Bears (Rope. Tree. Politician. Some assembly required.)
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To: IBD editorial writer
Had a slight leak in the roof.
ZERO blew the building up.
The cost will be unbelievable once the true numbers are in.
5 posted on 01/28/2015 4:28:35 AM PST by DeaconRed (You can't be old & wise until you have been young & stupid First.)
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To: IBD editorial writer

Our company recently canned 500 employees in the name of “streamlining.” Contractors were hired in their place. Don’t tell me it’s not about healthcare. I’m not an idiot.


6 posted on 01/28/2015 4:31:17 AM PST by rarestia (It's time to water the Tree of Liberty.)
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To: IBD editorial writer

Contribution costs toward premiums and co-pays have risen where I work, and I know the higher ups have already had discussions about whether they will seek to limit family dependent coverage.

Thanks Obama.


7 posted on 01/28/2015 4:32:18 AM PST by Tamzee (Man is not free unless government is limited. ~~~ Ronald Reagan)
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To: IBD editorial writer

And that was the original intention.


8 posted on 01/28/2015 4:33:35 AM PST by I want the USA back (Media: completely irresponsible. Complicit in the destruction of this country.)
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To: IBD editorial writer

The corrupt CBO lies about ObamaCARE for their Tyrant
and against their Oaths.

THE CBO’s leaders should be INDICTED.


9 posted on 01/28/2015 4:35:43 AM PST by Diogenesis ("When a crime is unpunished, the world is unbalanced.")
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To: Arm_Bears

But there are two types of employers in this camp: those who opposed Obama Care because of its anti free market tendencies, and those cronies who jumped in bed with it.

2 VERY different groups...


10 posted on 01/28/2015 4:41:15 AM PST by C. Edmund Wright (www.FireKarlRove.com NOW)
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To: IBD editorial writer; kristinn; governsleastgovernsbest

Well will this revelation be covered on the networks???


11 posted on 01/28/2015 4:41:48 AM PST by SoFloFreeper
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To: Darksheare

I think we need ObamaCare II. This time, I’d suggest a 16,000 page bill...with free asprin...bridge funds for Arkansas...a quarter of Florida beaches made into a national park....and a gov’t program for septic tank replacement...included into the package.


12 posted on 01/28/2015 4:42:52 AM PST by pepsionice
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To: IBD editorial writer

Is MASS AMNESIA prevalent these days????

Am I the only one who remembers that they DELAYED last years implementation of the ‘employer mandate’ and other things because 80 MILLION will lose their insurance?


13 posted on 01/28/2015 4:47:41 AM PST by Mr. K (Palin/Cruz 2016 (for 16 years of conservative bliss))
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To: pepsionice

And extra funds for the passworded clubs in Pelosiland.
*snerk*


14 posted on 01/28/2015 4:49:28 AM PST by Darksheare (Those who support liberal "Republicans" summarily support every action by same.)
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To: IBD editorial writer; stephenjohnbanker; Gilbo_3; Impy; NFHale; BillyBoy; fieldmarshaldj
RE :”CBO Now Says 10 Mil Will Lose Employer Health Plans Under ObamaCare”

I am amazed that NO Republicans, either in congress or on TV, used the Obamacare employer mandate as an example for why raising the minimum wage would have negative results.

Both employer mandates to give out freebees to voters (and non-voters)

They need a course in 'How to craft and execute a convincing argument 101'

When Obama says he's listening to those who didn't vote in November did he mean illegals?

15 posted on 01/28/2015 4:51:00 AM PST by sickoflibs (King Obama : 'The debate is over. The time for talk is over. Just follow my commands you serfs""')
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To: rarestia

Small price to pay for Sandra Fluke to have her “free” birth control and the druggie and wino crowd to have their “free” checkups. < / sarcasm >


16 posted on 01/28/2015 4:56:37 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
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To: Arm_Bears

I would bet that the massive layoffs that have been reported on by IBM have a root cause in Health Insurance as mandated by the ACA.


17 posted on 01/28/2015 4:57:08 AM PST by The Working Man
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To: IBD editorial writer
And if the Supremes can actually read the law and understand it's obvious meaning then there will be another few million who will lose their Obamacare subsidies. The ruling is expected some time in June.

I think there is a wide recognition in Congress that the Supreme Court will rule against Obama. My guess is that the Republicans will come up with some "soft landing" legislation to ease the pain if it happens. Something to allow these people and the Insurance Industry time to put things back to normal. A few months until January 1, 2016 I'm betting. What a mess.

18 posted on 01/28/2015 4:58:46 AM PST by InterceptPoint (Remember Mississippi)
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To: Darksheare

For all the “advantages” that the “Patient Protection and Affordable Care Act of 2010” was supposed to spell out, so far, it seems like there is a net LOSS of people who have access to health care coverage.

Patients are not protected, and the care is no longer affordable. How is that a gain for ANYBODY?


19 posted on 01/28/2015 5:03:20 AM PST by alloysteel (Je suis Charlie)
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To: IBD editorial writer

but...but...but...


20 posted on 01/28/2015 5:04:01 AM PST by Thorliveshere (Minnesota Survivor)
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