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Obama Officials In 2010: 93 Million Americans Will Be Unable To Keep Their Health Plans
Forbes ^ | Thursday, October 31, 2013 | Avik Roy

Posted on 10/31/2013 4:58:27 AM PDT by kristinn

SNIP

If you read the Affordable Care Act when it was passed, you knew that it was dishonest for President Obama to claim that “if you like your plan, you can keep your plan,” as he did—and continues to do—on countless occasions. And we now know that the administration knew this all along. It turns out that in an obscure report buried in a June 2010 edition of the Federal Register, administration officials predicted massive disruption of the private insurance market.

SNIP

Mid-range estimate: 51% of employer-sponsored plans will get canceled

But Carney’s dismissal of the media’s concerns was wrong, on several fronts. Contrary to the reporting of NBC, the administration’s commentary in the Federal Register did not only refer to the individual market, but also the market for employer-sponsored health insurance.

Section 1251 of the Affordable Care Act contains what’s called a “grandfather” provision that, in theory, allows people to keep their existing plans if they like them. But subsequent regulations from the Obama administration interpreted that provision so narrowly as to prevent most plans from gaining this protection.

“The Departments’ mid-range estimate is that 66 percent of small employer plans and 45 percent of large employer plans will relinquish their grandfather status by the end of 2013,” wrote the administration on page 34552. All in all, more than half of employer-sponsored plans will lose their “grandfather status” and get canceled. According to the Congressional Budget Office, 156 million Americans—more than half the population—was covered by employer-sponsored insurance in 2013.

Another 25 million people, according to the CBO, have “nongroup and other” forms of insurance; that is to say, they participate in the market for individually-purchased insurance. In this market, the administration projected that “40 to 67 percent” of individually-purchased plans would lose their Obamacare-sanctioned “grandfather status”...

(Excerpt) Read more at forbes.com ...


TOPICS: Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: commanderindeceit; obamabaitandswitch; obamacare; obamacarelies; obamagovernsbydeceit; obamalies; youcankeepit
Full title: Obama Officials In 2010: 93 Million Americans Will Be Unable To Keep Their Health Plans Under Obamacare
1 posted on 10/31/2013 4:58:27 AM PDT by kristinn
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To: kristinn

Let me see if I have this correct. Being black in America means not only do you not have to admit guilt or ever apologize... you can get away with whatever crimes you wish to get away with as long as you serve the communist overlords well?


2 posted on 10/31/2013 5:02:27 AM PDT by LibLieSlayer (FROM MY COLD, DEAD HANDS! BETTER DEAD THAN RED!)
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To: kristinn
While a concoction of rabid liberal wet dreams, the literal stipulations in PPACA are/can be meaningless.

In the 2000+ page Necronomicon are hundreds of citations that say “......at the Secretary's [HHS] discretion....”.

Which is roughly translated, “whatever we pull out of our keester.”

3 posted on 10/31/2013 5:09:23 AM PDT by Gaffer
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To: kristinn


4 posted on 10/31/2013 5:24:00 AM PDT by Iron Munro (When a killer screams 'Allahu Akbar' you don't need to be mystified about a motive.)
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To: kristinn

Wife just got the word that due to this, her company told her that for her to keep her insurance, premiums would be going up significantly.


5 posted on 10/31/2013 5:33:47 AM PDT by Molon Labbie (Prep. Now. Live Healthy, take your Shooting Iron daily.)
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To: kristinn; stephenjohnbanker; ding_dong_daddy_from_dumas; Gilbo_3; Impy; NFHale; BillyBoy; ...
RE :”Section 1251 of the Affordable Care Act contains what’s called a “grandfather” provision that, in theory, allows people to keep their existing plans if they like them. But subsequent regulations from the Obama administration interpreted that provision so narrowly as to prevent most plans from gaining this protection.
“The Departments’ mid-range estimate is that 66 percent of small employer plans and 45 percent of large employer plans will relinquish their grandfather status by the end of 2013,” wrote the administration on page 34552. All in all, more than half of employer-sponsored plans will lose their “grandfather status” and get canceled. According to the Congressional Budget Office, 156 million Americans—more than half the population—was covered by employer-sponsored insurance in 2013. “

93 million Americans estimated by HHS in 2010 to lose their insurance due to Obamacare?

I am still laughing over NJ Dem Pallone on Kelly File lastt night claiming over and over that Obamacare doesn't impose ANY regulations on insurance companies and what we see in cancelations is the results of a ‘free market system’

6 posted on 10/31/2013 5:39:37 AM PDT by sickoflibs (To GOP : Any path to US Citizenship IS putting them ahead in line. Stop lying about your position)
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To: kristinn

LEXINGTON AND CONCORD OR FORT SUMTER.

WHAT’S IT GOING TO BE??


7 posted on 10/31/2013 5:59:28 AM PDT by ealgeone (obama, border)
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To: kristinn

The only amazing thing about this whole “debacle” (Sebelius own word) is that 50% of the populace still believe the lies of the liberals in spite of undeniable evidence that we all are being lied to.....

Obama continues his bold claim of keeping your policy even when liberal media is calling him a liar!

“Don’t confuse me with the facts. My minds made up.”

A country with this mentality is doomed..........


8 posted on 10/31/2013 6:05:05 AM PDT by Arlis (.)
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To: kristinn

Democrats lie, cheat and steal all the time, yet the voters believe these fakirs every time.


9 posted on 10/31/2013 6:05:38 AM PDT by 1010RD (First, Do No Harm)
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To: Iron Munro

Only the liberals “believed” that what Obama was saying was true.


10 posted on 10/31/2013 6:06:50 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: 1010RD

In the first chapter of “How Evil Works”, it is explained thoroughly why people WANT TO BELIEVE LIES.


11 posted on 10/31/2013 6:07:31 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: kristinn

It is going to get worse -— So much worse. And Democrats don’t care.


12 posted on 10/31/2013 6:15:23 AM PDT by Mike Darancette (Do The Math)
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To: Molon Labbie
Wife just got the word that due to this, her company told her that for her to keep her insurance, premiums would be going up significantly.

You are not alone... 80% increase on what is purchased above and beyond the cafeteria allotment. The question begs, did said employer have the smarts to change the plans to = the qualified plan model in 2010, or will the potential conformal change skyrocket the cost even more when this hits Employer Mandate Plan(s) next year I believe...

13 posted on 10/31/2013 6:19:01 AM PDT by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks....)
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To: kristinn

They knew they lied and they don’t care. All they have for us is scorn.


14 posted on 10/31/2013 6:23:32 AM PDT by I want the USA back (Media: completely irresponsible traitors. Complicit in the destruction of our country.)
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To: I want the USA back
All they have for us is scorn.

Payback will be a bitch.

15 posted on 10/31/2013 6:55:38 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: Mike Darancette

"It is going to get worse -— So much worse. And Democrats don’t care."

I think a certain portion of the Left honestly believed that this disaster would somehow work out (it's part of their Marxist faith). Then there are a lot of leftists that are secretly celebrating what's going on- it's payback time, after all: "Everything you have, you took from poor victims, like me... and now you're going to know first-hand what it's like to suffer. Ha ha ha"...

16 posted on 10/31/2013 7:25:58 AM PDT by Qbert ("The best defense against usurpatory government is an assertive citizenry" - William F. Buckley, Jr.)
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Support Free Republic.

17 posted on 10/31/2013 7:27:34 AM PDT by RedMDer (http://www.dontfundobamacare.com/)
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To: Mike Darancette

Democrats are going to die too under this regime. It is too bad our side has to go along for the ride.


18 posted on 10/31/2013 7:39:44 AM PDT by bergmeid (Resist we much!)
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To: kristinn

DERELICTION OF DUTY file for the upcoming Impeachment of the White House resident commonly known as “B. Hussein Obama,” also known as Barry Soetoro, a legal citizen of the Sovereign Nation of Indonesia.


19 posted on 10/31/2013 10:05:12 AM PDT by Graewoulf (Traitor John Roberts' Marxist Obama'care' Insurance violates U.S. Constitution AND Anti-Trust Law.)
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To: Arlis

Months ago people were telling me that the IRS rules were narrowly written and benign. I pointed out that HHS would write the final rules; I was laughed at. Now nobody’s laughing. Except Frank Pallone.


20 posted on 10/31/2013 12:32:20 PM PDT by steve8714 (Ted Drewes is proof there is a God...and He wants us to be happy.)
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To: bergmeid
Democrats are going to die too under this regime. It is too bad our side has to go along for the ride.

Tea Party types will find a work around.

21 posted on 10/31/2013 2:08:59 PM PDT by Mike Darancette (Do The Math)
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