CBO Says 5M May Lose Employer Coverage Under Health Law

Law360, New York (March 15, 2012, 4:02 PM EDT) -- The Congressional Budget Office on Thursday predicted that the president's health care reform law will result in a net 3 million to 5 million people losing employer-based health insurance between 2019 and 2022, sparking immediate criticism from the law's opponents.

The CBO, a nonpartisan office that analyzes the budget impact of legislation, noted that there is “tremendous uncertainty” in how employers and workers will respond once all of the health care law's provisions are in place. Most of those who lose employer-based coverage will instead get...
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