Myth #3: 20 million Americans will lose their coverage
Obamacare means that for up to 20 million Americans, they will lose the insurance they currently have, the insurance that they like and they want to keep.
-Mitt Romney, 06/28/2012
Actually, Romney’s campaign has cherry-picked the results of a Congressional Budget Office study. CBO’s official position is that 3 to 5 million people will no longer receive coverage through their employer. Instead, they will receive coverage elsewhere such as an insurance exchange where individuals, not employers, pick the coverage they want. The 20 million figure comes from a CBO analysis designed to show the uncertainty of making predictions using a wide range of possibilities, not its actual prediction.
Read more in our new memo debunking the 12 biggest myths about the Affordable Care Act.
