Internal administration documents reveal that up to 51% of employers may have to relinquish their current health care coverage because of ObamaCare.
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. ..
Draft copies of the document were reportedly leaked to House Republicans during the week and began circulating Friday morning. Rep. Bill Posey, R-Fla., posted it on his Web site Friday afternoon...
In a statement, Posey said the document showed that the arguments in favor of ObamaCare were a "bait and switch."The White House plans to spend $125 million on a propaganda campaign to convince properly skeptical Americans about the alleged benefits of heathcare reform, so called, "amid growing signs Democrats are failing to get political traction on the issue."