Report: Obama Knew Millions Could Not Keep Their Health Insurance
Obamacare is the greatest fraud, a crime of impossible magnitude, and a deliberate act of treason all rolled into one. At what point do they American people come to grips with the fact that we have a president who commits impeachment-worthy offenses nearly once per day? When do we, if ever, stop and say “enough is enough”?
NBC News: 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.”
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. source – NBC News
|Print article||This entry was posted by NTEB News Desk on October 28, 2013 at 11:22 pm, and is filed under Headline News, HealthCare, Liberals, New World Order, Obama. Follow any responses to this post through RSS 2.0. Both comments and pings are currently closed.|
about 8 hours ago - 6 comments
about 6 days ago - 220 comments
about 1 week ago - 32 comments
A Senate with no rules. A president without boundaries. One day, when a few bottled-up judicial nominees and a malfunctioning health-care Web site are barely a memory, we will still be dealing with the toxic residue of this outbreak of authoritative lawlessness.
about 1 week ago - 14 comments
about 3 weeks ago - 43 comments
UnitedHealth Group dropped thousands of doctors from its networks in recent weeks, leaving many elderly patients unsure whether they need to switch plans to continue seeing their doctors, the Wall Street Journal reported on Friday.
about 3 weeks ago - 24 comments
In a closed-door meeting at the Capitol, House Democrats blasted administration officials over their handling of the Obamacare rollout, and the White House’s failure to address Mr. Obama’s broken promise to Americans that they could keep their health insurance plans.
about 3 weeks ago - 2 comments
EXPLOSIVE VIDEO: Obamacare Navigators Were Trained To Lie And Commit Knowing Fraud When Signing People Up
about 3 weeks ago - 4 comments
Barack Hussein Obama is public enemy #1 of the American people. Obama knew you would not keep your health plan, Obama knew your premiums would skyrocket, Obama was well aware of all the falsehoods and pitfalls of his master scheme to defraud America. He does not need to be brought up on charges of treason, he needs to be escorted out of the White House under armed guard and taken to Gitmo for incarceration.
about 1 month ago - 10 comments
about 1 month ago - 2 comments
Comments are closed.