President Obama’s now-discredited assertion that “if you like your
policy, you can keep it” has overshadowed another bogus promise: that
his health care reform law would stop health insurers from canceling policies.
The difference between the two failed promises is that the first one was meant to reassure Americans who liked their health coverage that nothing in Obamacare would force them to lose it.
The second failed promise was an anti-health insurer ruse meant to fix something he thought was a huge problem: health insurers canceling policies. Obama wanted to assure you that if your policy was coming to the end of its term and you wanted to keep it the health insurer couldn’t cancel it. Insurers would be required to renew the policy, a provision known as “guaranteed renewability.”
The irony is more health insurance policies have been canceled under Obamacare than ever before.
http://www.forbes.com/sites/merrillmatthews/2014/10/10/remember-when-obamacare-would-stop-health-insurers-from-canceling-policies/
The difference between the two failed promises is that the first one was meant to reassure Americans who liked their health coverage that nothing in Obamacare would force them to lose it.
The second failed promise was an anti-health insurer ruse meant to fix something he thought was a huge problem: health insurers canceling policies. Obama wanted to assure you that if your policy was coming to the end of its term and you wanted to keep it the health insurer couldn’t cancel it. Insurers would be required to renew the policy, a provision known as “guaranteed renewability.”
The irony is more health insurance policies have been canceled under Obamacare than ever before.
http://www.forbes.com/sites/merrillmatthews/2014/10/10/remember-when-obamacare-would-stop-health-insurers-from-canceling-policies/
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