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  • Second wave of health plan cancellations looms (50-100 million right before fall 2014 elections)

    11/20/2013 12:12:41 PM PST · by Zakeet · 91 replies
    Fox News ^ | November 20, 2014
    A new and independent analysis of ObamaCare warns of a ticking time bomb, predicting a second wave of 50 million to 100 million insurance policy cancellations next fall -- right before the mid-term elections. The next round of cancellations and premium hikes is expected to hit employees, particularly of small businesses. While the administration has tried to downplay the cancellation notices hitting policyholders on the individual market by noting they represent a relatively small fraction of the population, the swath of people who will be affected by the shake-up in employer-sponsored coverage will be much broader. An analysis by the...