Monday, October 28, 2013

Obama lied and your healthcare plan died

"If you like your health care plan, you can keep your health care plan."
Barack Obama numerous times, but most recently before the 2012 presidential election.

ObamaCare is so bad that even the mainstream media is catching on.

And yes, the Republican Party caved at the end of the government shutdown. But that defeat appears to be a only tactical one. The Democrats are the party of ObamaCare and the GOP isn't.

In twelve months there will be another election.

Note: WeaselZippers reported after my original entry that NBC pulled the first version of the article and reposted a sanitized version.

Someone got to them. NBC blamed a "glitch."

From 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."

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."
Liar, liar, liar.

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