The effects of ObamaCare: Higher health care costs. Higher insurance premiums. More uninsured Americans after ObamaCare became law.
[…]In addition to its overall budget projections, the CBO found that the fiscal cliff deal sealed on Jan. 1 had a surprising impact on Obama’s health care initiative. By preserving low tax rates for those with income under $450,000 a year, the CBO said, the deal will reduce the tax benefits of receiving health insurance coverage through an employer.
As a result, the report said, 7 million fewer people are likely to have employer-provided coverage in 2022 than if the health care law had not been enacted — an increase of 3 million people affected over previous projections.
That projection could become politically significant: Republicans have argued for years that Obama’s health care initiative will induce companies to stop offering health coverage to workers.[…]