Stephanie
Diamond Member
- Jul 11, 2004
- 70,230
- 10,864
- 2,040
well?
SNIP:
Posted 10/25/2013 07:36 PM ET
Revolt: In 1989, angry seniors forced the repeal of a costly new Medicare benefit just a year after it passed. It's time for the millions now being savaged by ObamaCare to rise up and do the same.
When he was selling ObamaCare to the nation, President Obama said: "We will keep this promise to the American people. If you like your health care plan, you can keep your health care plan. Period. No one will take it away."
Across the country, millions of Americans are now discovering this was an expensive lie.
These are people who buy insurance on their own in the individual market, and who are now getting cancellation notices from their insurance companies.
No matter how much they might like their current plans, ObamaCare has made them illegal because they don't comply with its vast array of costly benefit mandates and marketplace regulations.
Among the recent notices:
• At least 146,000 Michigan residents are losing their plans, according to the Detroit News.
• More than 800,000 New Jersey residents will learn the same thing, according to the New Jersey Association of Health Plans.
• Kaiser Permanente canceled 160,000 — about 60% — of its policies in California.
• Florida Blue terminated 300,000 policies — about 80% — because they didn't comply with ObamaCare.
• In the Philadelphia region, 24,000 Independence Blue Cross members are getting cancellation notices.
Gerry Kominski, UCLA's director of public health policy, calculates that about 7 million people who buy insurance on their own won't be able to keep their plans, thanks to ObamaCare.
And many, if not most, will end up paying more, sometimes a lot more, for ObamaCare-approved policies.
ALL of it here
Read More At Investor's Business Daily: It's Time To Get Mad As Hell About ObamaCare - Investors.com
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook
SNIP:
Posted 10/25/2013 07:36 PM ET
Revolt: In 1989, angry seniors forced the repeal of a costly new Medicare benefit just a year after it passed. It's time for the millions now being savaged by ObamaCare to rise up and do the same.
When he was selling ObamaCare to the nation, President Obama said: "We will keep this promise to the American people. If you like your health care plan, you can keep your health care plan. Period. No one will take it away."
Across the country, millions of Americans are now discovering this was an expensive lie.
These are people who buy insurance on their own in the individual market, and who are now getting cancellation notices from their insurance companies.
No matter how much they might like their current plans, ObamaCare has made them illegal because they don't comply with its vast array of costly benefit mandates and marketplace regulations.
Among the recent notices:
• At least 146,000 Michigan residents are losing their plans, according to the Detroit News.
• More than 800,000 New Jersey residents will learn the same thing, according to the New Jersey Association of Health Plans.
• Kaiser Permanente canceled 160,000 — about 60% — of its policies in California.
• Florida Blue terminated 300,000 policies — about 80% — because they didn't comply with ObamaCare.
• In the Philadelphia region, 24,000 Independence Blue Cross members are getting cancellation notices.
Gerry Kominski, UCLA's director of public health policy, calculates that about 7 million people who buy insurance on their own won't be able to keep their plans, thanks to ObamaCare.
And many, if not most, will end up paying more, sometimes a lot more, for ObamaCare-approved policies.
ALL of it here
Read More At Investor's Business Daily: It's Time To Get Mad As Hell About ObamaCare - Investors.com
Follow us: @IBDinvestors on Twitter | InvestorsBusinessDaily on Facebook