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<blockquote data-quote="Babagounj" data-source="post: 741835" data-attributes="member: 12952"><p><a href="http://www.investors.com/NewsAndAnalysis/Article/537208/201006111932/Keep-Your-Health-Plan-Under-Overhaul-Probably-Not-Govt-Analysis-Concludes" target="_blank">http://www.investors.com/NewsAndAnalysis/Article/537208/201006111932/Keep-Your-Health-Plan-Under-Overhaul-Probably-Not-Govt-Analysis-Concludes</a>.</p><p>By <a href="http://www.investors.com/Search/SearchResults.aspx?source=filterSearch&Ntt=DAVID+HOGBERG+AND+SEAN+HIGGINS&Nr=AND%28Author%3aDAVID+HOGBERG+AND+SEAN+HIGGINS%29" target="_blank">DAVID HOGBERG AND SEAN HIGGINS</a>, INVESTOR'S BUSINESS DAILY </p><p><a href="http://www.investors.com/NewsAndAnalysis/PhotoPopup.aspx?path=WEB2c0614_full.jpg&docId=537208&caption=" target="_blank"><img src="http://www.investors.com/image/WEB2c0614_full_345.jpg.cms" alt="" class="fr-fic fr-dii fr-draggable " style="" /></a> <a href="http://www.investors.com/NewsAndAnalysis/PhotoPopup.aspx?path=WEB2c0614_full.jpg&docId=537208&caption=" target="_blank">View Enlarged Image</a></p><p></p><p>Internal administration documents reveal that up to 51% of employers may have to relinquish their current health care coverage because of ObamaCare.</p><p> Small firms will be even likelier to lose existing plans.</p><p> The "midrange estimate is that 66% of small employer plans and 45% of large employer plans will relinquish their grandfathered status by the end of 2013," according to the document.</p><p> In the worst-case scenario, 69% of employers — 80% of smaller firms — would lose that status, exposing them to far more provisions under the new health law.</p><p> The 83-page document, a joint project of the departments of Health and Human Services, Labor and the IRS, examines the effects that ObamaCare's regulations would have on existing, or "grandfathered," employer-based health care plans.</p><p> Draft copies of the document were reportedly leaked to House Republicans during the week and began circulating Friday morning. Rep. Bill Posey, R-Fla., posted it on his Web site Friday afternoon.</p><p></p><p></p><p> the document showed that the arguments in favor of ObamaCare were a "bait and switch."</p></blockquote><p></p>
[QUOTE="Babagounj, post: 741835, member: 12952"] [url]http://www.investors.com/NewsAndAnalysis/Article/537208/201006111932/Keep-Your-Health-Plan-Under-Overhaul-Probably-Not-Govt-Analysis-Concludes[/url]. By [URL="http://www.investors.com/Search/SearchResults.aspx?source=filterSearch&Ntt=DAVID+HOGBERG+AND+SEAN+HIGGINS&Nr=AND%28Author%3aDAVID+HOGBERG+AND+SEAN+HIGGINS%29"]DAVID HOGBERG AND SEAN HIGGINS[/URL], INVESTOR'S BUSINESS DAILY [URL="http://www.investors.com/NewsAndAnalysis/PhotoPopup.aspx?path=WEB2c0614_full.jpg&docId=537208&caption="][IMG]http://www.investors.com/image/WEB2c0614_full_345.jpg.cms[/IMG][/URL] [URL="http://www.investors.com/NewsAndAnalysis/PhotoPopup.aspx?path=WEB2c0614_full.jpg&docId=537208&caption="]View Enlarged Image[/URL] Internal administration documents reveal that up to 51% of employers may have to relinquish their current health care coverage because of ObamaCare. Small firms will be even likelier to lose existing plans. The "midrange estimate is that 66% of small employer plans and 45% of large employer plans will relinquish their grandfathered status by the end of 2013," according to the document. In the worst-case scenario, 69% of employers — 80% of smaller firms — would lose that status, exposing them to far more provisions under the new health law. The 83-page document, a joint project of the departments of Health and Human Services, Labor and the IRS, examines the effects that ObamaCare's regulations would have on existing, or "grandfathered," employer-based health care plans. Draft copies of the document were reportedly leaked to House Republicans during the week and began circulating Friday morning. Rep. Bill Posey, R-Fla., posted it on his Web site Friday afternoon. the document showed that the arguments in favor of ObamaCare were a "bait and switch." [/QUOTE]
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