Behold the phony fuss that Obama “knew” some people would lose their insurance
To hear some people tell it (HERE, for example), President Obama is “a sleaze” because “the White House knew that between 40 percent and 67 percent of individual policy holders were going to lose their coverage under the [health-care] law now moving toward final implementation.
Michael Hiltzik of the Los Angeles Times PUTS THE LIE to this nonsense:
This story, chiefly promoted by NBC News, reflects the Washington media’s eternal search for scandal, abetted by every politician’s instinct to reduce even the most complicated ideas to a sound byte.
It was always clear that many insurance policies serving the individual market wouldn’t conform to the coverage requirements set by the Affordable Care Act and would have to be changed. Some were “grandfathered” in, but the rules dictated that any that were changed by the insuring companies — including changes in premiums or other terms — would lose that status.
As a result, millions of policyholders are now being informed that their nonconforming policies are being canceled as of Dec. 31. The idea, of course, is for them to get new policies under Obamacare as of Jan. 1. NBC is breathing heavily over its investigative “discovery” that “because of normal turnover in the individual insurance market, 40 to 67% of customers will not be able to keep their policy” mostly because they changed plans.
But is this news? No: The exact same figure was put out by the Obama Adminsitration — in 2010. Here’s a release from the Department of Health and Human Services from June that year, explaining that “40% to two-thirds of people” in the individual market normally change plans in a year, and thus would no longer be in grandfathered plans. Did Obama “know”? Yes, but so did anyone else who was paying attention, including reporters covering healthcare.