Who's Gonna Buy TikTok?
President Trump Might Have New Jobs for Nearly 90,000 IRS Agents
White People, You are Responsible for High Egg Prices
Feds Round Up Dozens of Tren de Aragua Members in Colorado Raid
Trump to Sign Executive Order Reinstating Service Members Kicked Out of Military Over...
Presidential Approval Poll Has an Interesting Finding When It Comes to Race
Charlie Kirk: Vivek Ramaswamy For Governor of Ohio
Sickening: Over 100 NYC Educators Accused of Having Sexual Relationships, Communications W...
Irish President Manages to Make Holocaust Remembrance Day About Loss of Life in......
Air Force Begins Dismantling DEI Programming
This Teacher Says He's OK with ICE Raiding His School
'A Disruptor': JD Vance Weighs In on Pete Hegseth's Confirmation
Are EU Appeasers Trying to Hinder Trump on Iran?
Monsters Everywhere
Catholic Bishops Came Out Against Trump's Illegal Immigration Policies. Here's How JD Vanc...
OPINION

NBC News: "Obama Administration knew millions could not keep their health insurance."

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.
Advertisement
Advertisement
Advertisement

When Obama repeatedly made the claim – "If you like your health plan; you can keep your health plan" – objective observers knew it wasn't so. This morning, the media is buzzing with evidence that Obama knew it was a lie, but deliberately kept spinning the same phony claim for years.

Advertisement

The shock in all this is not that Obama was lying; he has a well established record of that. It's that somebody has uncovered the evidence; the smoking gun. The following is the NBC News account of the mess du jour for the White House and ObamaCare.

Our sources deeply involved in the Affordable Care Act tell NBC NEWS that 50 to 75 percent of the 14 million consumers who buy their insurance individually can expect to receive a “cancellation” letter or the equivalent over the next year because their existing policies don’t meet the standards mandated by the new health care law. One expert predicts that number could reach as high as 80 percent. And all say that many of those forced to buy pricier new policies will experience “sticker shock.”

None of this should come as a shock to the Obama administration….

Buried in Obamacare regulations from July 2010 is an estimate that because of normal turnover in the individual insurance market, “40 to 67 percent” of customers will not be able to keep their policy. And because many policies will have been changed since the key date, “the percentage of individual market policies losing grandfather status in a given year exceeds the 40 to 67 percent range.”

Advertisement

That means the administration knew that more than 40 to 67 percent of those in the individual market would not be able to keep their plans, even if they liked them.

Yet President Obama, who had promised in 2009, “if you like your health plan, you will be able to keep your health plan,” was still saying in 2012, “If [you] already have health insurance, you will keep your health insurance.”

Read more.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos