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NBC News: Obama admin. knew millions could not keep their health insurance

Melensdad

Jerk in a Hawaiian Shirt & SNOWCAT Moderator
Staff member
GOLD Site Supporter
PRESIDENT OBAMA LIED and his closest media ally just exposed him :hammer:

LINK to Story => http://investigations.nbcnews.com/_...ns-could-not-keep-their-health-insurance?lite

See the link above for the full story, here is enough to give you the gist.
President Obama repeatedly assured Americans that after the Affordable Care Act became law, people who liked their health insurance would be able to keep it. But millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years.

Four sources deeply involved in the Affordable Care Act tell NBC NEWS that 50 to 75 percent of the 14 million consumers who buy their insurance individually can expect to receive a “cancellation” letter or the equivalent over the next year because their existing policies don’t meet the standards mandated by the new health care law. One expert predicts that number could reach as high as 80 percent. And all say that many of those forced to buy pricier new policies will experience “sticker shock.”

None of this should come as a shock to the Obama administration. The law states that policies in effect as of March 23, 2010 will be “grandfathered,” meaning consumers can keep those policies even though they don’t meet requirements of the new health care law. But the Department of Health and Human Services then wrote regulations that narrowed that provision, by saying that if any part of a policy was significantly changed since that date -- the deductible, co-pay, or benefits, for example -- the policy would not be grandfathered.

Buried in Obamacare regulations from July 2010 is an estimate that because of normal turnover in the individual insurance market, “40 to 67 percent” of customers will not be able to keep their policy. And because many policies will have been changed since the key date, “the percentage of individual market policies losing grandfather status in a given year exceeds the 40 to 67 percent range.”
That means the administration knew that more than 40 to 67 percent of those in the individual market would not be able to keep their plans, even if they liked them.
Yet President Obama, who had promised in 2009, “if you like your health plan, you will be able to keep your health plan,” was still saying in 2012, “If [you] already have health insurance, you will keep your health insurance.”

“This says that when they made the promise, they knew half the people in this market outright couldn’t keep what they had and then they wrote the rules so that others couldn’t make it either,” said Robert Laszewski, of Health Policy and Strategy Associates, a consultant who works for health industry firms. Laszewski estimates that 80 percent of those in the individual market will not be able to keep their current policies and will have to buy insurance that meets requirements of the new law, which generally requires a richer package of benefits than most policies today.

The White House does not dispute that many in the individual market will lose their current coverage, but argues they will be offered better coverage in its place, and that many will get tax subsidies that would offset any increased costs. “One of the main goals of the law is to ensure that people have insurance they can rely on – that doesn’t discriminate or charge more based on pre-existing conditions. The consumers who are getting notices are in plans that do not provide all these protections – but in the vast majority of cases, those same insurers will automatically shift their enrollees to a plan that provides new consumer protections and, for nearly half of individual market enrollees, discounts through premium tax credits,” said White House spokesperson Jessica Santillo. . .


Story continues at the link above!​
 

BigAl

Gone But Not Forgotten
SUPER Site Supporter
Is lying to the America Citizen a impeachable offense , if you are the president ??

Sure would be nice to see that POS get his ass kicked out of office .

Think how great it would be !:clap:
 

Leni

Active member
I've been with Kaiser Permanete for 25+ years and the policy has not changed. The only part of Obumer Care that I like is the no pre-existing condition clause. The rest of it can be tossed into the garbage.
 

waybomb

Well-known member
GOLD Site Supporter
pre-existing only if you had insurance before and got bumped, changed jobs, was on spouse's policy and spouse passed or you were divorced, etc.

If you had no insurance, well tough luck; sell you assetts and hope for the best.

Look at it this way - do not buy auto insurance until you wreck your car or injure somebody.

That's not insurance than, is it?
 

AAUTOFAB1

Bronze Member
SUPER Site Supporter
but ,but..... he promised.......


remember this is just the beginning.

it will be no surprise to see my rates go up again next year.of course the government realizes that they need more money as they purposely underestimated the cost and consequences to the insurance industry, plus the young healthy people are just paying the fine and the year after that they will be screaming this won't work,we need a single payer system.

why do people listen to snake oil salesman?
 

tiredretired

The Old Salt
SUPER Site Supporter
First thing I ask anyone who tells me their policy is being cancelled is Did you vote for that lying bastard? Most say yes. That's when I say Oh, darn and walk away. A lot of us knew 3 years ago what was going to happen and when we tried to warn them, it fell on deaf ears. We were called racists, fear mongers and haters. I only feel sorry for those of us caught in the middle. The ones who voted right and are now getting the shaft.
 

FrancSevin

Proudly Deplorable
GOLD Site Supporter
He also knew Benghazi wasn't about a video. Yet an American man went to prison. He will never be held accountable for either lie.
 

tiredretired

The Old Salt
SUPER Site Supporter
It's been said that people get the government they deserve. Apparently that applies to the USA as well.
 

SShepherd

New member
and what will eventually happen ? they'll call it a "national health emergency", declare that the system has had a catastrophic failure and that "we need to take over so people will not be without healthcare". Instant single payer system
 
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