By DAVID HOGBERG AND SEAN HIGGINS, INVESTOR'S BUSINESS DAILY
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.
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By CHARLES BABINGTON, Associated Press Writer Charles Babington, Associated Press Writer
WASHINGTON – President Barack Obama is asking Republican lawmakers to approve billions of dollars in new spending to avert a scheduled 21 percent cut in payments to doctors who treat Medicare patients.
If GOP senators don't allow the stalled proposal to pass, some doctors will stop treating Medicare recipients, Obama said in his weekly radio and Internet address Saturday.
The Senate's top Republican, Mitch McConnell of Kentucky, said his party wants to avoid reducing physicians' fees, but do it without adding to the deficit — meaning spending cuts elsewhere.
HEALTHCARE REFORM
IN THE NEWS
NEW YORK DAILY NEWS: Democrat bigwig: We have votes for health care reform; GOP chief: No you don't!
Ronald Reagan speaks about Socialized Medicine
VOTED FOR THE HOUSE BILL:
Rep. Robert Andrews
(D) NJ-01
Rep. Frank Pallone, Jr.
(D) NJ-06
Rep. Bill Pascrell
(D) NJ-8
Rep. Steven Rothman
(D) NJ-9
Rep. Donald Payne
(D) NJ-10
Rep. Rush Holt
(D) NJ-12
Rep. Albio Sires
(D) NJ-13
VOTED FOR THE SENATE BILL:
Sen. Robert Menendez
Sen. Frank Lautenberg
NJ LEGISLATORS
VOTED AGAINST THE HOUSE BILL:
Rep. Frank LoBiondo
(R) NJ-02
Rep. John Adler
(D) NJ-03
Rep. Christopher Smith
(R) NJ-04
Rep. Scott Garrett
(R) NJ-05
Rep. Leonard Lance
(R) NJ-07
Rep. Rodney Frelinghuysen
(R) NJ-11
Healthcare Reform
