If you like your existing insurance coverage, you can’t keep it

Millions of health insurance policies on their way to being cancelled as ObamaCare preempts the field.

The main reason insurers offer is that the policies fall short of what the Affordable Care Act requires starting Jan. 1. Most are ending policies sold after the law passed in March 2010.  At least a few are cancelling plans sold to people with pre-existing medical conditions.

Health insurance experts say new prices will vary and much depends on where a person lives, their age and the type of policy they decide to buy.  Some, including young people and those with skimpy or high-deductible plans, may see an increase. Others, including those with health problems or who buy coverage with higher deductibles than they have now, may see lower premiums.

Blue Shield of California sent roughly 119,000 cancellation notices out in mid-September, about 60 percent of its individual business.  About two-thirds of those policyholders will see rate increases in their new policies, said spokesman Steve Shivinsky.

“The arithmetic is inescapable,” said Patrick Johnston, chief executive officer of the California Association of Health Plans. Costs must be spread, so while some consumers will see their premiums drop, others will pay more — “no matter what people in Washington say.”

The people in Washington say that I should pay less because of my pre-existing conditions and my children – and yours – should pay to subsidize me. Does that sound fair to you?

If you missed it in this weekend’s paper, the WSJ has an interview with retired billionaire Stanley Drukenmiller, who’s been touring college campuses explaining to the kids how they’re being ripped off by Stanley’s (my) generation. Even before the ObamaCare fiasco, he was getting the attention of young Obama voters – imagine his reception a these new insurance rules kick in and the rip off is shoved right under their noses.


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22 responses to “If you like your existing insurance coverage, you can’t keep it

  1. rip off is shoved right under their noses.

    Wrong preposition and wrong part of their anatomies. That said, it won’t be pretty for the Democraps.

  2. Greenwich Taxpayer

    I was one of the thousands and thousands of people who have had their healthcare policy cancelled as of January 1st. So much for Obama’s promises (e.g., if you like your current policy you can keep it). Jim Hines should also stop telling people they can stay with their current plan. It doesn’t exist after this year! Obamacare will cost me more for less coverage. Way to go Mr. President. Once again government is helping us get to the poor house.

  3. Fox

    Couldn’t help but laugh on the day Obamacare began when he proclaimed that if you had insurance you had to do nothing. Then there was the Himes e-mail touting the same thing. Both lies, for on my desk was a letter from Anthem saying my wife’s insurance is gone on new years day.

    Checked the Connecticut Obamacare website. The nearest replacement for her $432 a month plan with a $3500 deductible is north of $1700 a month with a $5000 dollar deductible. Affordable? Lying bastards. Wait for consumer confidence and retail sales to crater.

    So now I go to work to shed income.

    Let’s face it, this isn’t a health program. It’s a humongous socialist redistributive back-door tax increase aimed at destroying the productive middle/upper middle class.

    What’s the betting that before this is over MORE people will be uninsured than ever before?

  4. LMNOP

    Many bloggers encouraged Boehner to host a My Existing Healthcare Was Cancelled photo op right after Obama’s Rose Garden sham this morning. Boehner could have filled Yankee Stadium with actual people while Obama had fainting pregnant actors. Who flew them in from Los Angeles? Who paid for their hotels? I want answers.

    • AJ

      The fainting woman was definitely staged. Think back through your entire life and recall how many people have fainted next to you. None? Almost none? Well, apparently as these multiple videos in the following linked article will show, it happens to Obama all the time.

      What are the chances of that? Zero?

      ‘Was Fainting Woman at Obamacare Speech Staged?’

      ‘President has used the fainting woman spiel many times before to play to crowds’

      “It seemed too good to be true. As the president was rounding off a speech on how Obamacare is “really good” and people should just sign up using the telephone and snail mail, a pregnant woman directly behind him began to sway and faint.

      Super Obama to the rescue! The president caught the woman and ensured she didn’t fall over. Ahhh, hundreds of headlines. So, Obamacare works then I guess.

      First of all, who in their right mind asked a pregnant woman to stand up in front of hundreds of photographers for a significant amount of time?

      Secondly, take a closer look at the video. After turning to the woman, Obama actually turns back toward the microphone, raises his voice and says “I’ve got you.” He then turns back to her, turns back to the mic and again says “You’re ok.”

      Who is he addressing? The woman who is behind him or the world’s press in front of him?

      The quip then followed, “This is what happens when I talk too long.”

      And cue the pandering ovation. …”


  5. fine. it’s okay to complain as long as the secret service ain’t around:

  6. Who says Obama doesn’t understand business? He understands marketing: he packaged Obamacare by saying it would insure everybody and would bend the cost curve down. The CBO is now saying that 30 million Americans will remain uninsured, and costs will rise.

    Activist, redistributive government FAILS.

    Do you think the media will notice?

    Are the Republicans smart enough not to fumble this glorious teaching moment?

    • Anonymous

      “Are the Republicans smart enough not to fumble this glorious teaching moment?”

      If the Republicans are smart they will do everything in their power to increase their standings in the House at the mid-term elections and to actually win the next election. That is the best way to control policy. Recent performance is not encouraging. Catering to hard core activists who are already lock voters does not seem smart, when all they have to do is capture a small percentage of centrist voters to win a majority and enact change.

  7. Walt

    Dude –
    Dude? Did anyone actually really believe this? It is amongst the biggest lies ever told. Right after girls don’t fart. Who invented that one? Not only do girls fart, but they can do it out of multiple orifices. They have us outnumbered on the fart meter TWO TO ONE, and they DENY IT!! AND PEOPLE BELIEVE IT!!

    Barry and the progressives have adopted the Adolph Hitler propaganda strategy. If you tell a lie big enough, and tell it frequently enough, it will be believed.

    So yes, Virginia, girls do fart. And Obamacare is a socialist income redistribution plan.

    Your Pal,

  8. Joey

    My plan is with my employer and I went from being in a “gold plated” plan (low deductibles and low maximum) to a super high deductible plan. The cost is about the same, hence, I basically was forced to move to a worse plan at the same cost. However I think this is more the move of the employer and it has no relation to Obamacare. They just want to pay less of their employee health care cost. We have to ask ourselves why healthcare premiums have increased but total health care spending is staying flat. It could be rather complicated but my suspicions are that employers are trying to subsidize their employee health care less. They are now taking this opportune time to blame Obama for their decisions.

    As for “subsidizing” health care costs. why not? My health care plan is being subsidized by you all since my employer is getting tax breaks by administering it. Why can’t the everyday Joe get the same type of subsidy as I get? As for “paying less for pre-existing conditions.” This is a bit rhetorical since, under the old system, you would not even get insurance at any price with a pre-existing condition. Instead you would be bankrupted by the system and then we all would pay for your hospital stays and ER visits, plus we would get to pay for your housing, food stamps and welfare check. The world is complicated. Insurance for all makes sense.

    Just Saying.

  9. Peg

    Wonder how many lefties will watch this gem that Jon Stewart produced:

  10. Anonymous

    Are Teabaggers rooting for Obamacare to succeed or fail? If the latter, they may regret the end result, which would be either the further expansion of Medicaid, or single payer. I don’t see anyone rooting for a return to the completely inefficient, expensive, and ruinous health care status quo, do you? If Baggers are smart, a dubious proposition I grant you, they will root for Obamacare to succeed, as it is by design, the mist business-friendly option out there, and akin to the popular Romneycare in Massachusetts, which has worked very well.

  11. Peg

    If Anonymous above thinks that Obamacare is “mist business-friendly” (whatever that means) and will be LESS “inefficient, expensive and ruinous” than our current system, then I think he’s doing some of the various drugs that Our Leader did during his college days.

    I’m rooting for it to fail for various reasons. I’m rooting for it to fail because it may get some market oriented, smaller government politicians elected next time around. I’m rooting for it to fail because if it doesn’t, the end of 2008 will be playtime compared to Obamacare the Disaster Movie. I’m rooting for it to fail because perhaps – finally – it will mean that more of the public appreciates what a narcissistic, effete, elite and most incompetent president we have in the White House.

    I’ll grant you he is a fine speaker. But – that doesn’t mean that we should have his abortion of a health care system ruining our nation.

  12. Dollar Bill

    As opposed to the pre-Obamacare health care system that was the envy of the Western world, Peg? Get real! In what country does a “market-oriented” health care system work? Name one. And don’t tell me all we have to do is offer HSAs and tort reform, and call it a day. That is not health reform. It just shows how completely out of touch you right wingers are on this subject, and your inability to fashion a workable alternative.

  13. Peg

    Uh – ever heard of Switzerland, $Bill? They’re the nation whose model I wish we’d used to set up shop here.

    Actually, many around the world did – and still do – admire our actual health CARE. Did our system have significant flaws? Yes. But if you think Obamacare is going to be an improvement – try watching the Jon Stewart clip again.

    Links below – and – if you need more about the detailed plans that Republicans have offered which are most workable (unlike – ahem – SOME politicians’ plans) – you just let me know, $Bill.

    “While most Americans view their healthcare system as “free-market,” Switzerland actually has the most market-oriented healthcare system in the West. It translates into universal coverage and low entitlement costs. Swiss government entities spent about 3.5 percent of gross domestic product on healthcare in 2010, compared to 8.5 percent in the United States. That’s a difference of more than $5 trillion over 10 years: real money, especially relative to our $16 trillion debt.

    There is no “public option” in Switzerland. Instead, citizens qualify for means-tested, sliding-scale subsidies and choose among a variety of regulated, private-sector insurance products. The Swiss have the freedom to choose their own doctors, as Americans do, and access to the latest medical technologies. They also have short waiting times for appointments.”


    • housecat

      Don’t mind DB, Peg. He just likes having an excuse to say the word “teabaggers” over and over again in polite conversation. A fifth-rate psycho-analyst could have pegged (pun intended, and not on your name) this guy’s issues in about five minutes. As it is, I say – just let the poor closet case have his fun.