Oh, well. CBO guessed wrong by at least 400%. Such a shame.
The AP reports on two recent surveys of employers that shows nearly 10% are already planning to drop health coverage once Obamacare starts in earnest.
It was only a year ago that [CBO was] estimating a mere 2.5% of employers would drop coverage by 2019. Now we’re talking about 10% by 2014 with another 20% claiming to be uncertain.
The companies are mostly in the retail sector which is labor-intensive.
HT: VerumSerum
Gee, who would have thought that would happen? Oh yeah... we did.
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