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October 31, 2013

'Busted' By Forbes: White House Predicted in 2010 That 93 Million Would Lose Their Health Plans Under ObamaCare

Topics: Political News and commentaries

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Bottom Line: The WH knew from the very beginning, the WH lied about it, and then the WH kept lying!

To counter accusations that the Obama lied when he purposefully and repeatedly told Americans they can keep their health insurance plans ... and their doctor ... if they liked them, the administration now claims that he was referring to the millions of people covered by their employers.

That, of course, is complete Bull Sh*t ... and President 'ShamWow' has been caught 'red-tongued'!

An article from Forbes Thursday thoroughly refutes such a laughable claim and reports that Obama officials predicted back in 2010 that 93 million Americans would have their plans cancelled as a result of ObamaCare including a vast amount of those with employer-sponsored plans:

If you read the Affordable Care Act when it was passed, you knew that it was dishonest for President Obama to claim that "if you like your plan, you can keep your plan," as he did--and continues to do--on countless occasions. And we now know that the administration knew this all along. It turns out that in an obscure report buried in a June 2010 edition of the Federal Register, administration officials predicted massive disruption of the private insurance market. ...

[T]he administration's commentary in the Federal Register did not only refer to the individual market, but also the market for employer-sponsored health insurance. Section 1251 of the Affordable Care Act contains what's called a "grandfather" provision that, in theory, allows people to keep their existing plans if they like them. But subsequent regulations from the Obama administration interpreted that provision so narrowly as to prevent most plans from gaining this protection.

"The Departments' mid-range estimate is that 66 percent of small employer plans and 45 percent of large employer plans will relinquish their grandfather status by the end of 2013," wrote the administration on page 34552. All in all, more than half of employer-sponsored plans will lose their "grandfather status" and get canceled. According to the Congressional Budget Office, 156 million Americans -- more than half the population--was covered by employer-sponsored insurance in 2013.

As Lisa Myers reported Monday, the administration predicted that between 47 and 60 percent of individually-purchased policies would be cancelled under ObamaCare.

Forbes did the math to calculate the astonishing total:

51 percent of the employer-based market plus 53.5 percent of the non-group market (the middle of the administration's range) amounts to 93 million Americans.
Which means that not only did Obama lie when he repeatedly told Americans that they can keep their plans (and their doctor) if they like them, he also lied in Boston (in what Sarah Palin aptly refers to as his 'ShamWow' speech) on Wednesday when he said he was referring to the majority of Americans coverered by their employers.

Meanwhile, we all await with bated breath to see if the media reports this.

Related:
Press Ignoring CNN's Report of WH Pressure on Health Insurance Industry to Stay Mum on Obamacare-Driven Policy Cancellations
No, David Axelrod, The 'Vast Majority of People In This Country' Are Not Keeping Their Plan

Hat tip - Noel Sheppard

Posted by Hyscience at October 31, 2013 3:45 PM



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