Commentary Staff Writer
06/11/10 10:17 PM EDT
At Investor's Business Daily, Sean Higgins and David Hogberg have a doozy of a story:
Internal White House documents reveal that 51% of employers may have to relinquish their current health care coverage by 2013 due to ObamaCare. That numbers soars to 66% for small-business employers.
The documents — product of a joint project of the Labor Department, the Health and Human Services Department and the IRS — examine the effects new regulations would have on existing, or “grandfathered,” employer-based health care plans.
Draft copies of the documents were reportedly leaked to House Republicans earlier in the week. Rep. Bill Posey, R-Fla., posted them on his Web site Friday afternoon. (View the full report here.)
The Associated Press is also on the story. Even they can't ignore the dishonesty that was used to sell the health care overhaul:Over and over in the health care debate, President Barack Obama said people who like their current coverage would be able to keep it.
But an early draft of an administration regulation estimates that many employers will be forced to make changes to their health plans under the new law. In just three years, a majority of workers — 51 percent — will be in plans subject to new federal requirements, according to the draft.
