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Will You Be Dropped?

In 2012 President Barack Obama stated, “If (you) already have health insurance, you can keep your health insurance”. Unfortunately, millions of Americans are finding this statement untrue the hard way. Millions of American’s healthcare plans are being forced to cancel under the Affordable Care Act because they do not meet the new “requirements”. USA Today reports that the “Obama administration has known this for about three years”.

“About 50% to 75% of 14 million consumers who buy health insurance individually will receive a ‘cancellation’ letter or its equivalent in the next year because their current policies don’t meet the standards laid out by the new law” cited by four different sources. Of the citizens who will be forced to purchase new health insurance plans, many will see huge price increases.

The Obama administration said that current policies could be “grandfathered” or kept if they didn’t meet the new ACA requirements. This was to help current health insurance customers stay satisfied with their plans. But now that is no longer the case because the promise was not held.

NBC alleges the “administration knew that up to 67% of customers on the individual market could have their policies canceled”.

http://www.usatoday.com/story/news/2013/10/28/affordable-care-act-cancellations/3293001/

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