Pirate's Cove

I’m a little late to this party, however, this information still needs to be spread far and wide. Kudos to Lisa Myers and Hannah Rappleye at NBC News for putting this story out. I’m sure they’re catching enormous amounts of Typical Liberal Abuse for daring to expose the truth

Obama admin. knew millions could not keep their health insurance

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.”

None of this should come as a shock to the Obama administration. The law states that policies in effect as of March 23, 2010 will be “grandfathered,” meaning consumers can keep those policies even though they don’t meet requirements of the new health care law. But the Department of Health and Human Services then wrote regulations that narrowed that provision, by saying that if any part of a policy was significantly changed since that date — the deductible, co-pay, or benefits, for example — the policy would not be grandfathered.

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.

Now, some Lefties, like Jay Carney, will quibble, equivocate, and spin in order to blow off the notion that Obama said you could keep your plan if you like it. Remember when Obama said that “words matter“?

Let’s not forget that the people losing coverage now are those in the individual and small business market. Big businesses have a better grandfathering, but won’t be immune. If they want to make a change, the whole plan will get blow’d up.

More: Think Progress blow by “lapdog” status and ends up in, if you’ll forgive the crudeity, $10 Meth whore blowjob land, having completely missed what Obama said time and time again.