For the vast majority of people who have health insurance that works, you can keep it. For the fewer than five percent of Americans who buy insurance on your own, you will be getting a better deal. So anybody peddling the notion that insurers are canceling peoples’ plans without mentioning that almost all the insurers are encouraging people to join better plans with the same carrier and stronger benefits and stronger protections … you’re being grossly misleading. To say the least.President Obama • Defending himself from recent criticism over cancellation notices for a small percentage of Americans’ existing health coverage plans, as a result of minimum standards contained in the Affordable Care Act. This is an understood consequence of the law — in mandating private health insurance coverage for the public, there needs to be some baseline level of what constitutes sufficient coverage. Republicans have lambasted Obama as having lied to the public in the lead-up to the ACA’s passage, when he assured that those satisfied with their present insurance plans would be able to keep them. source
Yikes. Looks like you’re going to need those six extra weeks, if this NBC News report is correct.
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.
Have a friend who owns a pair of Google Glass? You should probably be really nice to him or her over the next few weeks.
Obama doesn’t like leaks. He dislikes them so much, in fact, that his dislike has set a historic precedent.
Soon you’ll need a list to track the best “best college” lists.
Want to make a digital marketer lose their marbles? Send ‘em this article.
We stand a good chance of defaulting.U.S. President Obama says on the government shutdown and debt ceiling negotiations between Democrat and Republican parties.
I told the president exactly the same thing I have told you here today: That we need to work together and fund the government and at the same time provide substantial relief to the millions of people who are hurting because of Obamacare, who are losing their jobs, being forced into part-time work and losing their health insurance. If the outcome doesn’t impact people who are struggling, who are hurting because of Obamacare, then I don’t think it would be a good outcome.Senator Ted Cruz • Giving his (we suspect not verbatim) account of his meeting today at the White House with President Obama. Cruz was there with several Republican senators, and reportedly confronted Obama over the Affordable Care Act, which as you can see above (to say nothing of his 20+ hour non-filibuster effort last month), he nearly defines vehemency in his opposition. The White House’s negotiating posture on this seems to be holding firm, however, having rejected a Republican offer earlier today to pass a stop-gap six-week debt limit extension in return for negotiations on the budget. source