#1 Posted by Cezar_TheScribe (2614 posts) - - Show Bio

NBC News: White House Has Known For At Least 3 Years Millions Would Lose Coverage Due to ObamaCare

In his sales pitch for ObamaCare, the President regularly told Americans that if they liked their current health insurance policies, they could keep them.

A blockbuster report just published at NBCNews.com by Lisa Myers and Hannah Rappleye not only completely refutes this, but claims that the Administration has known for at least three years that millions would lose their coverage due to ObamaCare's implementation:

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.

Article

Time to repeal Obamcare and impeach Obama.

Put him on trial for treason and everyone involved with this autrosity.

#2 Posted by Yokergeist (12355 posts) - - Show Bio

Not surprised.

#3 Posted by consolemaster001 (4899 posts) - - Show Bio

Oh

#4 Posted by PowerHerc (80712 posts) - - Show Bio

Obama lied.

Though this is shocking to many of his sheep, it's really no surprise at all - he's a politician who seeks only to do the bidding of his financiers.

#5 Posted by NorrinBoltagonPrime21 (5391 posts) - - Show Bio

Obama lied.

Though this is shocking to many of his sheep, it's really no surprise at all - he's a politician who seeks only to do the bidding of his financiers.

#6 Posted by Dabee (2375 posts) - - Show Bio

Lol @ people's comments

#7 Posted by Vaeternus (9391 posts) - - Show Bio

Yep. We've all been duped(people are surprised by this? lol)

Obama lied.

Though this is shocking to many of his sheep, it's really no surprise at all - he's a politician who seeks only to do the bidding of his financiers.

What this gentleman said ^.

#8 Posted by noj (1061 posts) - - Show Bio

I just love how far his blind followers and other blind democrats will go to defend or justify his decisions.

#9 Edited by Fallschirmjager (14729 posts) - - Show Bio

Not the first politician who lied. Certainly won't be the last.

Online
#10 Posted by InnerVenom123 (29499 posts) - - Show Bio

I'm hyped to see how The Daily Show/The Colbert Report react to this.

#11 Posted by gumflabica (2160 posts) - - Show Bio

An they skrewed us over? Didn't see that one coming

#12 Posted by CuddleBear (1056 posts) - - Show Bio
#13 Posted by Saint_Wildcard (8728 posts) - - Show Bio

Well its a good thing I don't have health insurance.

#14 Posted by Dernman (14612 posts) - - Show Bio

@powerherc said:

Obama lied.

Though this is shocking to many of his sheep, it's really no surprise at all - he's a politician who seeks only to do the bidding of his financiers.

#15 Posted by Bogey (930 posts) - - Show Bio

So when is the impeachment process going to start?

#16 Edited by Mattersuit (4270 posts) - - Show Bio

Wow. A politician lied. People are surprised by this?

Here's a shocker: Every politician lies.

#17 Posted by Avenging-X-Bolt (12418 posts) - - Show Bio
#18 Posted by Mattersuit (4270 posts) - - Show Bio
#20 Edited by TheCheeseStabber (7617 posts) - - Show Bio

I just wanted to say I read the headline wrong and I thought it said "The White House knew for 3 Millon Years people would loose coverage."

#21 Posted by DeathpooltheT1000 (9503 posts) - - Show Bio

No, Obama turn out to be a fake and be the same old shit?

How could some one know a pollitic, will turn out to be a pollitic!!!

#22 Edited by Vaeternus (9391 posts) - - Show Bio

@noj said:

I just love how far his blind followers and other blind democrats will go to defend or justify his decisions.

Yep. It's sad indeed.

@cuddlebear said:

what is even scarier is that Obama has figured out the Anti-Life Equation

....Obamaseid?!?!

lmao

#23 Posted by Cezar_TheScribe (2614 posts) - - Show Bio

@bogey said:

So when is the impeachment process going to start?

It would be good to see soon. Don't hold your breath.