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.
Keep Your Health Plan Under Overhaul? Probably Not, Gov't Analysis Concludes - IBD - Investors.com
It's not too late to repeal!
