20 Million More Americans Could Lose Insurance Thanks to Obamacare

The same failed Obamacare promise that plunged the individual health-care market into chaos last year is now hitting small group plans and could result in lost coverage for 20 million Americans.

Obamacare’s employer mandate does not apply to businesses with fewer than 50 employees, but many of those those companies are still receiving notices from their insurance providers informing them their previous plans are being canceled because they don’t contain all the provisions required under the new law.

Much like individual policyholders last year, small group plan holders are discovering their plans don’t qualify for being grandfathered, despite the famed assurance that if they liked their plans they could keep them.

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