Obamacare: Report claims Barack Obama knew millions of Americans would lose their healthcare

 In the fight leading up to the passage of Obamacare the Dear Leader promised Americans that if you liked your healthcare plan you would be able to keep it. Of course in the first few weeks since the individual mandate went into effect we have learned differently.

  In Florida 300,000 people have been informed their healthcare coverage does not comply with Obamacare and in California the number is 500,000 people, these people are losing their coverage and will have to purchase a new healthcare plan at a higher rate, and the law is still in its infancy–the number will continue to grow into the millions. This is just the beginning.

  But now we are learning from this NBC report that Barack Obama has known for at least three years that this was not the truth and he continued to lie about what Obamacare really meant for millions of already insured Americans:

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. 

  The healthcare law did grandfather people with existing healthcare coverage to allow them to keep their coverage, but if you are like me you are forced to change your employer provided coverage on nearly a yearly basis meaning that most people will not see their current plans grandfathered and protected from Obamacare–even if they like their plans. 

  Barack Obama had to have known this was the case and yet he continued to lie about the situation because the end justifies the means. Now that he got what he wants it is the American people who are paying the price for his radical agenda and I cannot help but think that Barack Obama is smiling every night as he puts his head down on his pillow for another night’s sleep.