Wednesday, October 30

The Presidential Lie: "If you like your plan, you can keep your plan."

News is getting out not only that millions of Americans with personal health insurance plans are going to lose their plans, but also that the Obama Administration and the President himself knew that this was going to happen. First, a reminder of how the President repeatedly told this lie:

Here is NBC News reporting that President Obama's Administration knew that the "If you like your plan, you can keep your plan" was a lie.
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. - NBC News
Keep in mind that the Regulations issued by the Obama Administration are written to disqualify as many existing plans as possible, doing their best to undue the grandfather clause that was put into the law.
Add to Google