Saturday, November 02, 2013

HHS Predicted Much Employer-Backed Health Coverage Wouldn't Survive Obamacare, Either
Back in 2010, when the Department of Health and Human Services projected that “40 to 67 percent” of individual customers will not be able to keep their existing health coverage because of the tight requirements for grandfathering policies, HHS made similar projections for health coverage offered by employers. As it turns out, many of those comfortably ensconced in jobs at large and small firms were projected to lose their health plans, too. Courtesy of the Wayback Machine, we can review that now-offline document. At that time, HHS estimated that 34 to 64 percent of large employer (100 or more workers) plans would lose grandfathered status by 2013, and that 49 to 80 percent of small employer (under 100 workers) plans would lose grandfathered status by 2013....