Obama knew all along millions would lose their insurance

By now I am sure most who pay any attention regarding Healthcare have heard this. What doesn’t add up is it is NBC news that caught this. Every Hospital, every insurance company scans the Federal Register where all of the new “Rules” come out, each and every day.  One needs to think on this one. Why now is it coming out? Why didn’t the insurance companies pick this up? Who are the double dealers. Still a puzzle is why the Hospital Association supported this. The Healthcare CEO in my company warned of the coming debacle. It was clear to all of us. Little reported are the tens of thousands being laid off in Healthcare. Medicaid and Medicare reimbursements don’t begin to cover the cost of care. It was always the private insurance patients that covered the loss. The most unreported story of the day. Government owned Hospitals next. So, with that, here we go:

By Lisa Myers and Hannah Rappleye NBC News

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.

This story has been republished here

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.”

Full story at NBC News

10 Responses to “Obama knew all along millions would lose their insurance”

  1. Always On Watch Says:

    FYI…The story is not that “Obama knew” that policies would be terminated, but that Obama made this happen, and could unmake it with a phone call, but chooses not to.


    • bunkerville Says:

      Thanks.. reposted the story.


  2. LD Jackson Says:

    The lies and the deceit continue to pile up. The air is saturated with them and there seems to be no end in sight.


    • bunkerville Says:

      He might just get caught up in this one. We shall see.


  3. Steve Dennis Says:

    Yeah, where was NBC when this mattered during the debate? I like to think that so many Americans are upset by what is happening that NBC has been forced to cover this issue, but you may be right; there may be an ulterior motive to their decision to cover this. I trust nothing I hear any more.


    • bunkerville Says:

      Maybe the MSM went off the reservation. He may have thought the Insurance companies would be blamed until the document of three years ago came to light. Just seems to simple/


  4. Angel Says:

    I may even lose mine Bunker!!! what a horror!


    • bunkerville Says:

      I am so sorry to hear! You will have some post.


  5. Petermc3 Says:

    There are so many duplicitous entities deserving of blame in this the greatest film flam ever. It appears from what we are learning the corporations, insurance companies and health care providers are all in on this but only the corps with their vast reserves will weather this tsunami. If this wasn’t so serious we could feel good about the millions who voted for Obama being victimized by their own stupidity.


    • bunkerville Says:

      If it wasn’t for the fact that our lives depend on this. What a sickening evil business. Years ago I posted stories from an insider view as someone who worked in healthcare. I got little interest. Even now I don’t see any stories on how healthcare really works. That each hospital negotiates contracts with each insurance company every year or two. There was zero chance hospitals would survive.


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