Obamacare: 7 million losing employer coverage

Obamacare will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to latest estimates from the Congressional Budget Office. The 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.  Read more: