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Fact-checking the claim that 30 million people will lose their insurance under Obamacare

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Michele Bachmann said this the other day on CNN:

“We know now the estimates from the government that about 30 million people are going to be cut off their employer health insurance because of Obamacare.”

The network put its fact-checkers to work on the claim, and HERE‘s their report:

We asked Ms. Bachmann’s office for clarification after her appearance. Her office sent us a link to this story in The Hill newspaper.

The story, which is more than a year old, cites a Congressional Budget Office study that estimates that as many as 20 million workers could lose their employer-based health insurance by 2019 because of Obamacare. But, the study goes on to say that this is the worst case scenario the CBO has looked at, and that it is equally possible that the number of people on company-based plans might increase by 3 million over that time period because of the new health care law.

A more recent study by the Stanford School of Medicine and published this week estimate that 37 million people may dump their employer-based coverage and buy insurance on the Obamacare exchanges because they could get a better deal.

 

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  1. My self paid health care through BCBS is going away 1/1/14. I was excited about the ACA and how I thought it would affect my premiums, but not so much now. I’ve got my name in with a community partner that the state has approved to assist with my application, but he says he’s being told the system still isn’t in place to actually place people in the actual programs as all the players including the IRS haven’t got all their systems in place to determine eligibility for Medicaid and or the tax credits to help pay for the program.

    Apparently the IRS is going to play a big role in issuing tax credit eligibility. I was told to get back to my community partner around 11/1/13 to see if the system is ready to accept applications for approval, which will take another 45-60 days because the backlog is growing due to the system not being ready as it was supposed to be on Oct 1.

    As I noted, my current healthcare insurance is going away and to be eligible for tax credits, I have to buy through the state program.

    I was very excited about Obamacare(aks, ACA) but I’m losing that feeling now, as I see how not ready the states are after having 3.5 years to get ready. What went wrong? Very disillusioned here.

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