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Saturday, May 10, 2014

INSURANCE EXECS: MILLIONS OF HEALTH PLANS TO BE CANCELED

Congress told Obamacare demanded Americans' coverage be slashed

Millions of American families still must face the catastrophic loss of their health insurance policies because of Obamacare, members of Congress learned at a hearing with insurance company executives this week.

They will join the millions of families who lost their policies over the last six months, also because of Obamacare, the company executives confirmed.

It was at a hearing of the Energy & Commerce Committee that Rep. Cory Gardner, R-Colo., grilled a half-dozen insurance company executives appearing before the committee on who was responsible for the previous round of policy cancellations, and who should face blame for the next round.

A statement on Gardner’s website said, “The witnesses confirmed that these [previous] cancellation notices were sent out due to the president’s healthcare law. It was also disclosed that millions more Americans will see their plans canceled when the president’s healthcare law is fully enforced.”

The conflict arose over Barack Obama’s publicly and repeatedly stated promise: “If you like your health-care plan, you can keep it.”

But estimates are that about six million policies were canceled as the new law started applying its requirements and consumers’ old policies no longer were “compliant” with Obamacare, that is, they didn’t include some demand of the new law, such as coverage for abortifacients.

The policies were canceled, and consumers were told they were required to find new insurance.

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5 comments:

Anonymous said...

"The conflict arose over Barack Obama’s publicly and repeatedly stated promise: “If you like your health-care plan, you can keep it.”

Obama constantly lies. It's one of the very few things these ghetto types are good at.

Anonymous said...

These cancelled policies were rip off policies that were no good when you tried to use them.

Anonymous said...

That's not true 1138AM. My policy was perfectly fine and yes it did have a 1200.00 out of pocket deductible; however, it was better than being the Obama Care BS!

Anonymous said...

5:41 Did you actually go to the hospital with that policy?

Anonymous said...

I hope every policy that is canceled belongs to a Democrat of someone who voted for a Democrat.