CBO: Obamacare will cost 7 million workers healthcare coverage

◼ President Obama's health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.

CBO said that this year's tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they'll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.

◼ PLUS: Amnesty would add $2 trillion to the long-term cost of Obamacare... - Caroline May/Daily Caller

◼ The federal health care law could nearly triple premiums for some young and healthy men, according to a forthcoming survey of insurers that singles out a group that might become a major public opinion battleground in the Obamacare wars. - Politico

That’s because the same new insurance market rules that will make coverage more affordable for older and sicker people will make insurance for young and healthier people more expensive.

Most other studies have tried to estimate average premium increases, which have ranged anywhere from negligible to 85 percent and higher. This survey looks at individual examples in specific markets to show the itemized impact of the major Obamacare reforms.