Millions Will Lose Current Policy Under ObamaCare
White House pushes back on NBC report
By Rob Quinn, Newser Staff
Posted Oct 29, 2013 5:15 AM CDT
Updated Oct 29, 2013 7:59 AM CDT
President Obama speaks about the Affordable Care Act at Prince George’s Community College in Largo, Maryland last month.   (AP Photo/Pablo Martinez Monsivais)

(Newser) – NBC News and the White House are locked in a showdown over whether millions of Americans will see cancellation letters from their health insurers due to ObamaCare: Despite President Obama's assurances that "if you like your health plan, you will be able to keep your health plan," an NBC investigation finds that many of these policies are ineligible under the Affordable Care Act's standards—and the administration has known that for years. ObamaCare regulations "grandfathered in" policies that were up and running by March 23, 2010, but regulations added since state that changes to things like the deductible, co-pay, or benefits make a policy ineligible for that grandfathering. Translation: Up to 75% of the 14 million Americans who buy insurance individually may have their insurance cancelled.

White House officials have been blasting the report on Twitter, Politico reports, arguing that NBC is blaming ObamaCare for normal insurance market turnover. "FACT: Nothing in #Obamacare forces people out of their health plans," Valerie Jarrett wrote. "No change is required unless insurance companies change existing plans." But many plans tweak premiums or deductibles from year to year. CBS is reporting today that more than 2 million Americans have already been told they can't renew their current policies—which is more than three times the number of people who've signed up for new ObamaCare policies.

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Showing 3 of 454 comments
BlueAyez
Oct 30, 2013 3:06 PM CDT
It's known as a poison pill option. Businesses do it all the time to avoid takeovers. Only this time the strategy is not having to take on people who need medical care.
Leander Kelly
Oct 30, 2013 9:49 AM CDT
Here is what they’re not stating! The Ins. companies have sold policies to people that do not cover large health problems and many small health either. Most of the people who have these policies are younger healthier individuals, so they have no idea that this policies do not meet their needs until they have to pay out of their pocket for something they thought was covered. So now the Ins. industry is canceling this policies, but no one is asking why. The truth is the policies weren't worth the paper they're printed on and the insurance industry knows it. They’ve made billions with these policies, and now that the jag is up they want to blame the ACA for their shady business practices. Open your eyes to see what is really happening here. The ins. Industry would like us to believe that it’s all about the industry servicing the public, but if that was the case than we wouldn't see cost increases for their services without seeing an increase in health care services. This is all about greed, so when these companies start dropping people because their policies don't meet the minimum requirements who should we blame the person who finds out what their policy doesn't cover when they get the bill, the Ins. company that say you choose that coverage I just provided you with the service, or the regulation that makes it illegal for the Ins. company to sell these policies?
Ucantusethatname
Oct 30, 2013 5:18 AM CDT
"CBS is reporting today that more than 2 million Americans have already been told they can't renew their current policies—which is more than three times the number of people who've signed up for new ObamaCrap policies." Which is worse: 2 million persons who lack insurance because they can't renew their policies or thousands of persons who can't sign up online for Obamacrap? The outcome is the same: Members of both groups lack insurance.