Thursday, June 09, 2011

ObamaCare and the Future of Employer Health Insurance Coverage. - WSJ.com

Grace-Marie Turner: ObamaCare and the Future of Employer Health Insurance Coverage. - WSJ.com
"ObamaCare will lead to a dramatic decline in employer-provided health insurance—with as many as 78 million Americans forced to find other sources of coverage.

This disturbing finding is based on my calculations from a survey by McKinsey & Company.
The survey, published this week in the McKinsey Quarterly, found that up to 50% of employers say they will definitely or probably pursue alternatives to their current health-insurance plan in the years after the Patient Protection and Affordable Care Act takes effect in 2014.
An estimated 156 million non-elderly Americans get their coverage at work, according to the Employee Benefit Research Institute."

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