Did Obama lie? Obamas health care team, according to NBC News, knew that more than half of the people who buy their plans on the individual market would lose their plan: 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. NBC News sources estimated that 50 to 80 percent of Americans who buy individual insurance will find their policies cancelled, because those existing policies dont meet Obamacare standards. And for many of those — now forced to buy new policies — the price tag will give them sticker shock. The Affordable Care Act stated that an insurance policy in effect before March 23, 2010, was to be grandfathered in — provided insurance companies have made no significant change to the plan. But if the plan, say, had a change to the deductible, co-pay or benefits, the plan was no longer eligible to be grandfathered, and the policyholder would have to purchase a new plan. Obamacares July 2010 regulations included an estimate that 40 to 67 percent of customers wouldnt be able to keep their policy because of normal annual turnover in the individual insurance market. And, because many policies will have been changed since the March 23, 2010, date, the percentage of individual market policies losing grandfather status in a given year exceeds the 40 to 67 percent range. Yet Obama continued to tell Americans that no one would lose their plan or doctor, a promise without which Obamacare would never have passed. For his part, Obama now says: What we said was, you can keep it if it hasnt changed since the law passed. A lie is an untruth told with intent to dece
Posted on: Thu, 07 Nov 2013 12:50:01 +0000
Trending Topics
Recently Viewed Topics
© 2015