President Barack Obama

The Obama Administration knew that millions of Americans would lose their insurance once Obamacare went into effect.  This news is broken by shocker of shockers… NBC News:

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.”

Well this is how the White House is spinning this news via Valarie Jarrett’s Twitter account:

So it’s the insurance company’s fault if they change policies in order to comply with Obamacare! Fascinating.

9 comments
  1. Newsflash, this was known when the law was being discussed before passage. Replacing bogus health insurance policies with effective health insurance policies is a good thing. By bogus I mean high deductible with huge out of pocket that basically pays for nothing. Plus, every person that has health insurance through their employer has had the company that provides the coverage as well as the terms and conditions of coverage change every time the contract was renegotiated or the provider changed. I have had to go from fairly decent providers to the always excreable United Healthcare several times not because I wanted to but because the business that employed me change to them as a for instance. Also there has always been high turnover/lapse rate in the individual health insurance policy market. PPACA/obamacare has no effect other than to the good, making sure the policies offered have real value.

  2. Obama and his minions have had as their objective from the beginning to bring all healthcare under a communist government plan. In their world of propaganda and tyranny every failure and every crisis is used as an excuse to advance their agenda.

    1. And your evidence for “bring all healthcare under a communist government plan” would be? Oh, I suspects all one will hear are crickets. If you want a grifter your team has plenty of them with Ted Cruze currently being the most egregious. Ted is all about Ted. Michelle Bachman with even less scruples as if that were possible.

  3. I wouldn’t allow my dog to hang around that lying SOB!! His actions will affect us for years to come … and we haven’t done one dam*ed thing about it. We are truly a bunch of stupid sheep.

    1. You may want to note all of the reputable fact checking organizations have President Obama at about 70% positive on the truth telling scale. Ted Cruz and Michelle Bachman are on the 70% negative on the truth telling scale. They lie a lot in plain terms.Indeed the net of conservative figures on all of the objective fact checking organizations is strongly to the negative as to their statements being true. Lot of false story telling going on in the conservative world.

      1. Lenin, Stalin and Adolf Hitler had many followers despite their lies, their tyranny and the path of turmoil and destruction they left in their wake. You seem to be devoted to your false messiah in much the same way.

      2. That bunch you mentioned comports well with your and Ted Cruz’s vision for America. Dominionalist/endtimes claptrap. The messiah thing is also your teams gig. As all messiah’s are false I have no use for any of whatever stripe.

      3. Obama is 70%positive about truth telling, and that is fine with you? Also, exactly what have Cruz and Bachmann lied about? Lots of false stories, but you can’t name one.

Comments are closed.

Get CT In Your Inbox!

Don't miss a single update.

You May Also Like

Catholics, Evangelicals, Jews and Mormons Classified as Religious Extremists by DOD

The Department of Defense classified Catholics, Evangelicals, Jews, and Mormons as religious “extremists” similar to Al-qaeda in training materials.

The Positive Potential Impact of the Masterpiece Cakeshop Decision

There are two positive aspects of the Supreme Court’s decision in Masterpiece Cakeshop v. Colorado Civil Rights Commission that we will see in future cases.

Video: NBC Foreign Correspondent Stunned by “Egypt Is Not An Ally” Statement By Obama

Richard Engel, NBC’s Chief Foreign Correspondent, wonders if Egypt is not an ally now was the Obama administration supporting the Arab Spring worth it?

Just Being a Private Citizen

One of my senators, Senator Chuck Grassley (R-Iowa), was quoted in a…