As many as 20 million Americans could lose their employer-sponsored coverage in 2019 under the health care legislation signed into law by President Obama in March 2010. This is the worst-case scenario set out by the Congressional Budget Office (CBO) in a report released Thursday.
The CBO’s most optimistic estimate, which the federal agency says is subject to a “tremendous amount of uncertainty,” is that 3 million to 5 million will lose their employer health coverage each year from 2019 through 2022.
As the CBO report demonstrates, the numbers of those losing their employer-sponsored coverage—whether they are dumped by their employer or can no longer afford it—will rise as a result of the Obama health care overhaul. This tendency will be exacerbated by the continuing rise of overall health care costs, driven in the main by the spiraling profits of the insurance companies and giant health care providers and pharmaceuticals.
http://wsws.org/articles/2012/mar2012/heal-m17.shtml

















































