If you like your employers health plan, can you really 'keep it'?

Big Money

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Embroiled in controversy over the veracity of his pledge that if Americans like their existing health insurance they can keep it, Obama has responded in the main by saying that the “vast majority” of health plans aren’t changing.

The Obama administration knew that employer-provided health plans would widely lose their "grandfathered" status and be subject to a range of Affordable Care Act provisions – just as happened with plans sold on the individual market.

In 2010, the administration estimated that 51 percent of employer plans would relinquish their grandfathered status by 2013.

That’s 93 million who can’t keep their plans, out of some 181 million who have either employer-provided insurance or individual insurance in 2013.

Obama looks untruthful for appearing to promise repeatedly something he could never hope to deliver on – that the realm of insurance outside the sphere of his law would remain static, so that people could hang onto 2009 plans.

With several million Americans likely to receive cancellation letters for their individual insurance policies, Obama's “you can keep it” phrasing is getting much greater scrutiny.

Many of those people face a big jump in insurance costs, because the ACA demands that insurers cover a wider range of “essential” medical benefits.

Millions of Americans do not have the choice of keeping the plans they had.







http://www.csmonitor.com/USA/DC-Dec...e-employer-health-plan-can-you-really-keep-it
 
<DESH status ="on" language="Rant">

Why should they have been allowed to keep them? They are bad bad plans. Obama has to lie to you fools.
</desh>
 
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