Topics: Obamacare

CBO: 7 million Americans to lose employer insurance under Obamacare

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Politics,Beltway Confidential,Philip Klein,Politics Digest,Obamacare,CBO

President Obama famously promised Americans that if they liked their health care plan they could keep it, but a new report from the Congressional Budget Office estimates that 7 million Americans will lose employer-based insurance as a result of his national health care law.

“In 2022, by CBO and JCT’s estimate, 7 million fewer people will have employment-based health insurance as a result of the Affordable Care Act,” the CBO announced in its new budget outlook released on Tuesday. This is up from an estimate of 4 million last August, mostly reflecting the effects of tax changes.

In a July 2009 speech to the American Medical Association, Obama declared, “no matter how we reform health care, we will keep this promise: If you like your doctor, you will be able to keep your doctor. Period. If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.

 

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