Home » Insurance Policies Not Worth Keeping – NYTimes.com

Insurance Policies Not Worth Keeping – NYTimes.com

Insurance Policies Not Worth Keeping – NYTimes.com.

Surprise, surprise! The New York Times says that President Obama misspoke when he claimed, about 672 times, that if you wanted to keep your insurance, you could.

Congressional Republicans have stoked consumer fears and confusion with charges that the health care reform law is causing insurers to cancel existing policies and will force many people to pay substantially higher premiums next year for coverage they don’t want. That, they say, violates President Obama’s pledge that if you like the insurance you have, you can keep it.

Mr. Obama clearly misspoke when he said that.

Ironically, in the midst of defending the President’s lie, they go on to lie themselves.

(At issue here are not the 149 million people covered by employer plans, but the 10 million to 12 million people who buy policies directly on the individual market.)

Apparently, they aren’t familiar with the recent reports that demonstrate that the federal government estimated that approximately 51% of all employer supplied insurance plans will lose their grandfathered status within three years, with a significantly higher percentage of small employer plans losing out.

Of course, that doesn’t fit the narrative so it gets left out of the “Paper of Record.”

I especially like the headline. Basically they are saying that it is okay that the President lied because the policies getting cancelled are crappy policies.

Gee, I feel so much better knowing that the opinion of the NYT editorial board is more valuable than mine when selecting my insurance coverage.

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