Internal administration documents reveal that up to 51% of employers may have to relinquish their current health care coverage because of ObamaCare.Welcome to "transformative" change.
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.
12 June 2010
Obama Lied. Your Health Plan Died.
Even the White House knows the "you can keep your health care plan if you like it" pitch was complete bullshit: