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Friday, November 15, 2013

Sorry, You Still May Not Be Able To Keep Your Plan

Rep. Fred Upton (R-Mich.) has proposed a bill that to fix Obama's "if you like your plan, you can keep it" lie. It won't work and a Fox News segment last night shows it.
Upton's bill would "grandfather" in all plans that existed as of Jan. 1st, 2013 and allow insurers to continue selling them outside of the exchange.

President Obama announced a similar approach this afternoon which faces similar issues.

Neither Upton's bill nor Obama's executive action would require insurers to bring back canceled plans and they often won't want to do so. Many insurers canceled plans because they were full of high-cost beneficiaries. In some circumstances, like with United Healthcare in California, they have exited the states' individual health insurance markets entirely. Even if Upton's bill became law, many insurers would choose not to bring back canceled plans.

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1 comment:

Anonymous said...

Obama IS sorry.