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Obama knew all along millions would lose their health insurance under ObamaCARE

So Obama knew all along that under ObamaCARE, millions of Americans would eventually be kicked off their existing health care plans because of ObamaCARE. This despite the repeated lies about ‘if you like health care plan, you can keep it.’ He lied about it to get it rammed through the Democrat Congress in 2010, and lied all through 2012 when he won re-election. The only shocking thing about this sudden ‘discovery’ is that NBC is reporting it. Yes, NBC, the biggest of the media cheerleaders since 2008. It’s estimated as many as 16 million Americans could lose their health care policies thanks to ObamaCARE.

Obama knew all along millions would lose their health insurance under ObamaCARE
Obama knew all along millions would lose their health insurance under ObamaCARE

President Obama repeatedly assured Americans that after the Affordable Care Act became law, people who liked their health insurance would be able to keep it. But millions of Americans are getting or are about to get cancellation letters for their health insurance under Obamacare, say experts, and the Obama administration has known that for at least three years.

Four 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.”

This isn’t something new as of 2013. Back in July of 2010, buried in the ObamaCARE regulations themselves, they estimated that 40-67% of Americans with health care wouldn’t be able to keep their existing policy.

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.”
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.

It’s so nice that media hack organizations like NBC and CBS have suddenly decided to be journalists and reveal the real ObamaCARE. Too bad they weren’t interested in 2012.