Up To 100 Million Health Insurance Policies In Jeopardy

11.21.13 | Bob Price

A new analysis of ObamaCare warns of a ticking time bomb.  It predicts a second wave of 50 to 100 million insurance policy cancellations next fall -- right before the mid-term elections. The next round of cancellations and premium hikes is expected to hit small business employees. An analysis by the American Enterprise Institute predicts half to two-thirds of small businesses will have their policies canceled or be compelled to send workers onto the ObamaCare exchanges. They predict up to 100 million small and large business policies could be canceled next year.  Under the health care law, businesses with fewer than 50 workers do not have to provide health coverage. But if they do, the policies will still have to meet the benefit standards set by ObamaCare.