November 15, 2013 – 2:35 PM
By: Terence P. Jeffrey
(CNSNews.com) – Doug Elmendorf, director of the Congressional Budget Office, said in a presentation at the University of Pennsylvania’s Wharton School on Wednesday that the Affordable Care Act—AKA Obamacare–will push a net of seven million people out of employer-based health-insurance plans.
“About 7 million fewer people will have employment-based health insurance,” says one of the slides from Elmendorf’s presentation. “(That is the net decline: More people who would have had such insurance will not have it under the ACA, but others who would not have had such insurance will gain it under the ACA.)”