CBO says many to lose employer-based insurance

This transcript is automatically generated

-- Remember when President Obama said this.

If you like your health care plan.

You can keep your health care -- -- like your doctor you like your plan you can keep your doctor you can keep your plan if you like your health care player.

You'll be able to keep your health care plan.

-- -- No one moment.

Will take it away no matter what.

While Mr.

President wire seven million people about to lose theirs count doctor -- not -- -- doc.

Seven million and counting I think right.

-- because the Congressional Budget Office said this week that the 3.5 million they thought.

We're gonna leave employer based insurance over the next decade is actually seven million and you know what it's probably a lot more than that.

For many reasons first of all employers can afford these plans they can't afford the idea that they have to cover families.

The estimate -- -- the IRS is that it's going to be approximately 20000 dollars per person to cover a family of five people can afford that.

And also obamacare limits the amount you're allowed to pay into the -- so what employers gonna say wait a minute.

The employee is not paying that they're limited to nine point 5%.

I can't cover that I'm gonna make -- a part time employee or I'm gonna.

I'm gonna pay the penalty they're gonna go to the exchange.

That's what's gonna happen to seven million or more people they don't go to the exchange they go to the exchange -- they get there and they get into the affordability glitch which is they can't afford the plans on the exchange ball.

We need to do we want we want -- answered Ed Henry asked Jay Carney the president spokesperson about this -- delighted number keeps rising.

Was in the what he said.

How.

The president still claim that people are gonna get to keep their coverage.

Keep their doctor -- -- people -- going to be thrown up -- -- and I think that the report is oversimplified and a number of areas and HHS can provide you more details more information about that.

The bottom line here is that no matter where you live.

When January 1 2014.

And insurance marketplace will be up and running and consumers will have more access to quality affordable health insurance -- -- said.

Did she deal oversimplified it isn't uninteresting to say that -- oversimplify I read -- I read through what they're saying they have every figure carefully conceived for the next decade each year worked out and they -- impartial you know it's so convenient to say that when you don't agree with their results and the fact of the matter is not only won't be able to keep your -- -- but you don't get to keep your doctor could you doctors not taking that insurance because he's moving to a hospital and going on a salary.

But he can't afford the fees being cut.

And all the expenses going up so that is the one of the most ridiculous statements the president ever made.

But you get to keep your doctor now we're learning you don't get to keep your plan never could keep your doctor.

It's not like we in talk about it for.

I don't know better part of two years but I know the numbers are bearing this up now right doc we have believed that doctor mark -- are much.

Watch Live

CBO says many to lose employer-based insurance

Details

Clips

Your World

Foster Friess matching donations to Okla. tornado victims

Questions about WH accountability in IRS scandal

Rep. Cantor: Lois Lerner owes Americans an 'explanation'

Cavuto: Will scandals register in Obama's poll numbers?

Focus on cleanup after massive Oklahoma tornado

Rubio: Administration has fostered 'culture of intimidation'

Concern over IRS scandal implications for health care law

Tea Party group files first lawsuit against IRS

Sen. Paul: 'Someone has to be fired' over IRS scandal

New questions about Okla. school safety in wake of tornado

Tornado touches down in Oklahoma

Cavuto: When 'hands on' leads to 'hands off' at the WH

Transcript

Recommended