Monday, October 28, 2013

NBC News: Obama lied, he knew millions could not keep their health insurance

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.”

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...

For months, Laszewski has warned that some consumers will face sticker shock. He recently got his own notice that he and his wife cannot keep their current policy, which he described as one of the best, so-called "Cadillac" plans offered for 2013. Now, he said, the best comparable plan he found for 2014 has a smaller doctor network, larger out-of-pocket costs, and a 66 percent premium increase.

“Mr. President, I like the coverage I have," Laszweski said. "It is the best health insurance policy you can buy."

6 comments:

mmjiaxin said...

rolex factory online
Jordan Shoes
fitflop sale
givenchy wholesale
chrome hearts online
ray ban sunglasses outlet
fitflop sandals
Oakley Outlet
mlb jersey outlet
tiffany factory online
oakley sunglasses
cheap tiffany & co outlet
Cheap Air Jordan
nfl jersey wholesale
tiffany factory online
Michael Kors Outlet
Coach Outlet
abercrombie & fitch
michael kors purses
cheap christian louboutin outlet
gg

khairy said...

https://jumperads.threadless.com/about
https://www.threadless.com/@khairyayman
https://buzzon.khaleejtimes.com/author/jumperads/
https://caramellaapp.com/jumperads/lbZcbQ0E/afdhl-shrkat-nql-afsh-wtkhzyn-athath-wshrkat-tnzyf
https://caramellaapp.com/jumperads/RO-xXWwZ/afdhl-shrkat-tnzyf-baldmam
https://caramellaapp.com/jumperads/nuLkXhs0/shrkh-nql-afsh-baldmam-walkhbr
https://caramel.la/jumperads/SY16BaxK/shrkat-nql-afsh-wathath-baltaef
https://caramel.la/home/ecSy5aqT/shrkh-tnzyf-bnjran

khairy said...

http://jumperads.com.over-blog.com/2019/10/cleaning-company-jeddah.html
https://emc-mee.kinja.com/1839399674
https://jumperads.weebly.com
https://jumperads.weebly.com/cleaning-khamis-mushait.html
https://jumperads.weebly.com/transfer-furniture-jeddah.html
https://jumperads.weebly.com/transfer-furniture-taif.html
http://www.wikidot.com/user:info/jumperads
http://emc-mee.wikidot.com/
http://jumperads2.wikidot.com/

Anonymous said...

internet Hermes Dolabuy naviguer vers ces gars répliques de sacs de haute qualité passez sur ce site Web sacs de répliques en ligne

Unknown said...

her comment is here o7y53u8t24 gucci replica bags replica bags blog m9k83k1m41 check out here t2k84h8y60 gucci replica replica bags online shopping india replica bags cheap hermes replica i1f77q8y47 zeal replica bags reviews

nasad said...

gucci replica x50 c9b58w8b74 best replica designer y90 p5e75b8u81 high quality designer replica r64 q8r99y2k26