“I regret very much that what we intended to do, which is to make sure that everybody is moving into better plans because they want them, as opposed to because they’re forced into it.”
Now who would ever have to be forced to buy a better plan? Incoherent.
Senate Democrats supported rule that led to insurance cancellations
http://politicalticker.blogs.cnn.com/2013/10/31/senate-democrats-supported-rule-that-lead-to-insurance-cancellations/
In September 2010, Senate Republicans brought a resolution to the floor to block implementation of the grandfather rule, warning that it would result in canceled policies and violate President Barack Obama’s promise that people could keep their insurance if they liked it.
Under the grandfathering regulation, according to the White House's own economic impact analysis, as many as 69 percent of businesses will lose their grandfathered status by 2013 and be forced to buy government-approved plans,” the Iowa Republican(Chuck Grassley) said.
The rule essentially prevents insurance companies from keeping their grandfathered status if they make changes to their plans. In practice, insurance companies are loath to leave their plans unchanged so grandfathered plans are disappearing, and people are being forced to change their plans to meet Obamacare’s more robust coverage requirements.
Excellent analysis. Thank you.