Mission Accomplished: Employer-Provided Health Plans Scaling Back, Forcing Crisis

As millions of Americans receive notice that they’re being dropped from their insurance, a nationwide debate has ensued over the quality and cost of the plans not meeting Obamacare standards. (Chip Somodevilla/Getty Images)

As millions of Americans receive notice that they’re being dropped from their insurance, a nationwide debate has ensued over the quality and cost of the plans not meeting Obamacare standards. (Chip Somodevilla/Getty Images)

WASHINGTON (CBS DC) – As millions of Americans receive notice that they’re being dropped from their insurance, a nationwide debate has ensued over the quality and cost of the plans not meeting Obamacare standards.

The Obama administration argues that the more than 2 million people who have lost their “grandfathered-in” insurance is a result of those companies altering those policies after the Affordable Care Act went into effect. President Barack Obama stated that such insurers will have to “replace them with quality, comprehensive coverage.”

However, for workers receiving employer-based benefits, certain policies will be scaled back due to the “Cadillac tax” implemented under Obamacare.

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