One of the many, many lies that Obama told when he was selling ObamaCare was that if you liked your policy you would get to keep it.
Obama knew that this was a lie when he said it. ObamaCare was designed to cause people to lose their pre-existing insurance. NBC, probably the most pro-Obama administration of the three networks, has a story explaining how the hilariously named Affordable Care Act (ObamaCare) mandates the loss of such policies:
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.”
Go here to read the rest. ObamaCare is all about taking away freedom. Washington will determine what all health insurance policies will cover. People no longer are able to choose a policy that meets their needs. Instead, one size fits all, with the people who purchase the policy picking up the tab in higher premiums and higher deductibles. The higher sticker shock should come as no surprise. Whenever government attempts to substitute for the marketplace prices always shoot up. The malevolent incompetents behind ObamaCare knew this would happen, and that is why implementation was delayed until 2014, two years after the 2012 election, which was the election Obama cared about. The American people are about to have a painful education in some very old realities about trusting a snake oil salesman with a good line of patter. Time to bring in the timeless observation of that American symbol of common sense, Ben Franklin: Experience keeps a dear school but fools will learn in no other.