Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

10/29/2013 (1 year ago)

Catholic Online (www.catholic.org)

Millions of Americans signing up for insurance sure to get 'sticker shock'

Millions of Americans have since got messages in their mailboxes that their health insurances will be canceled before the end of the year. If many remember correctly, the president assured the public that people who liked their insurance would be able to keep it. Experts now say that the current White House knew full well that health care reform would lead to countless insurance cancellations - for at least three years!

All say that many of those forced to buy pricier new policies will experience 'sticker shock.'

All say that many of those forced to buy pricier new policies will experience "sticker shock."

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

10/29/2013 (1 year ago)

Published in Politics & Policy

Keywords: health insurance, cancelation, President Obama, sticker shock


LOS ANGELES, CA (Catholic Online) - It's a highly pervasive problem, as a whopping 50 to 75 percent of currently insured Americans will be receiving that dreary message in their mail shortly. At least four different sources involved in the Affordable Care Act say these consumers will have cancellations as their existing policies don't meet the standards mandated by the new health care law.

One expert says it could reach as high as 80 percent. All say that many of those forced to buy pricier new policies will experience "sticker shock."

The affordable health care 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.

However - the Department of Health and Human Services then wrote regulations that narrowed that provision, by saying the deductible, co-pay, or benefits, for example -- the policy would NOT be grandfathered.

Because of normal turnover in the individual insurance market, "40 to 67 percent" of customers will not be able to keep their policy. Since these many, 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." 

in short, the Obama administration knew full well 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.

Obama fully promised in 2009, "if you like your health plan, you will be able to keep your health plan," was still saying in 2012, "If [you] already have health insurance, you will keep your health insurance."

"This says that when they made the promise, they knew half the people in this market outright couldn't keep what they had and then they wrote the rules so that others couldn't make it either," Robert Laszewski, of Health Policy and Strategy Associates, a consultant who works for health industry firms says.

He estimates that 80 percent of those in the individual market will not be able to keep their current policies and will have to buy insurance that meets requirements of the new law, which generally requires a richer package of benefits than most policies today.

The Obama administration doesn't deny that many in the individual market will lose their current coverage, but argues they will be offered better coverage in its place, and that many will get tax subsidies that would offset any increased costs.

A birth foretold: click here to learn more!

---


Pope Francis: end world hunger through 'Prayer and Action'


Copywriter 2015 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for July 2015
Universal:
That political responsibility may be lived at all levels as a high form of charity.
Evangelization: That, amid social inequalities, Latin American Christians may bear witness to love for the poor and contribute to a more fraternal society.



Comments


More Politics & Policy

Donald Trump will not run as third-party candidate, signs RNC loyalty pledge Watch

Image of Donald Trump holds the signed loyalty pledge.

By Kenya Sinclair (NEWS CONSORTIUM)

Donald Trump has signed a loyalty pledge that says he will support the Republican nominee -whoever that may be- and he will not be running as a third-party candidate. LOS ANGELES, CALIFORNIA (Catholic Online) - Following the announcement of signing the loyalty pledge, ... continue reading


Kentucky Clerk jailed for refusal to marry same-sex couples Watch

Image of Kentucky Clerk Kim Davis refused to marry same-sex couples based on her religious beliefs.

By Kenya Sinclair (NEWS CONSORTIUM)

Kentucky Clerk Kim Davis has been sent to jail following her refusal to marry same-sex couples. LOS ANGELES, CALIFORNIA (Catholic Online) - As reported by NBC, Davis was found in contempt of court Thursday morning because she claimed marriage licenses for gay and ... continue reading


Hispanics hope Pope Francis addresses immigration with Obama Watch

Image of Hispanics hope Pope Francis will address immigration policies in his upcoming visit to America.

By Nikky Andres (NEWS CONSORTIUM)

Nearly 30 million Hispanic Catholics in the country are hoping that Pope Francis' visit this month will change the tone of the United States' debatable immigration policies and discourse. MUNTINLUPA, PHILIPPINES (Catholic Online) - The Pope will have high-profile ... continue reading


Hillary Clinton is a FELON - New email dump contains 150 CLASSIFIED emails Watch

Image of Hillary's emails reveal she is surrounded by sycophants and that the State Department techs had no idea she was using a private server, which is against the law.

By David Drudge, Catholic Online (NEWS CONSORTIUM)

The State Department released a large batch of Clinton emails on Monday, with another 7,000 pages released to the media. Classified information has been redacted. LOS ANGELES, CA (Catholic Online) - The State Department released 7,000 new Hillary Clinton emails to the ... continue reading


Are the Clintons mass murders? Death of British spy who hacked them raises old questions about the Clinton thuggery machine Watch

Image of They may be the most evil family in modern American politics.

By David Drudge, Catholic Online (NEWS CONSORTIUM)

The Clinton death toll is simply astounding. Approximately 100 people, directly associated with the Clinton family, have died under unnatural and mysterious circumstances since the early 1990s. It is considered possible that the Clinton family chooses to deal with ... continue reading


Obama's Clean Water Act blocked hours before taking effect Watch

Image of Obama's water pollution rule was blocked by a federal judge a few hours before its execution.

By Linky C. (NEWS CONSORTIUM)

A North Dakota federal judge blocked the Obama Administration's controversial water pollution rule just hours before taking effect. MUNTINLUPA CITY, PHILIPPINES (Catholic Online) - Judge Ralph Erickson of the District Court for the District of North Dakota discovered ... continue reading


Clinton compares Republicans to terrorists: Receives unsurprising backlash Watch

Image of

By Kenya Sinclair (NEWS CONSORTIUM)

Hillary Clinton compares conservative views on abortion and reproductive rights to terrorist groups. Republicans demand an apology while Republican and Democrat candidates agree Clinton's campaign is failing. LOS ANGELES, CA (Catholic online) - Hillary Clinton gave a ... continue reading


'The whole Bible is incredible': Donald trump ridiculed for not naming favorite Bible verse Watch

Image of Donald Trump claims the Bible is his favorite book.

By Kenya Sinclair (NEWS CONSORTIUM)

During an interview with Bloomberg's Mark Halerin and John Heilemann, presidential candidate, Donald Trump was asked to name his favorite Bible verse but refused to name one. LOS ANGELES, CA (Catholic Online) - Seven minutes into the interview, Halerin told Trump, "You ... continue reading


EVERY 93 SECONDS: Foreign children born on U.S. soil Watch

Image of Children of immigrants born on United States soil appear to be wearing out their welcome, according to recent polls.

By Catholic Online (NEWS CONSORTIUM)

Children of immigrants born on United States soil appear to be wearing out their welcome, according to recent polls. It is estimated that a child of illegal immigrants is born every 93 seconds in the U.S. According to a 2011 Rasmussen Poll, only 28 percent of likely ... continue reading


Univision anchor Jorge Ramos EJECTED from Donald Trump press conference Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

"Go back to Univision," GOP presidential nominee Donald Trump told Univision news anchor Jorge Ramos at an Iowa press conference. Well regarded by his peers, there was no gravitas afforded Ramos at the event, as a security guard escorted him away. The occasion ... continue reading


All Politics & Policy News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Colossians 1:15-20
15 He is the image of the unseen God, the first-born ... Read More

Psalm, Psalms 100:1, 2, 3, 4, 5
1 [Psalm For thanksgiving] Acclaim Yahweh, all the ... Read More

Gospel, Luke 5:33-39
33 They then said to him, 'John's disciples are ... Read More

Saint of the Day

Saint of the Day for September 4th, 2015 Image

St. Rosalia
September 4: St. Rosalia, daughter of Sinibald, Lord of Roses and Quisquina, ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter