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University Of Chicago Study (Obama’s Old Employer) Finds If You Like Your Plan, You Can’t Keep It

- April 3, 2013

SHOT: Obama: "And If You Like Your Insurance Plan, You Will Keep It. No One Will Be Able To Take That Away From You. It Hasn't Happened Yet. It Won't Happen In The Future." "They'll see that if Americans like their doctor, they will keep their doctor. And if you like your insurance plan, you will keep it. No one will be able to take that away from you. It hasn't happened yet. It won't happen in the future." (President Barack Obama, Remarks By The President On Health Care Reform, Portland, ME, 4/1/10)

CHASER: CNN Money Headline: "Most Individual Health Insurance Isn't Good Enough For ObamaCare." (Tami Luhby, "Most Individual Health Insurance Isn't Good Enough For ObamaCare," CNN Money, 4/3/13)

University Of Chicago Study Found That A Majority Of Health Plans Will Have To Change To Meet ObamaCare Standards. "Just over half of the individual plans currently on the market do not meet the standards to be sold next year, when many key provisions of President Obama's Affordable Care Act kick in, according to a University of Chicago study. That's because the law sets new minimums for the basic coverage every individual health care plan must provide." (Tami Luhby, "Most Individual Health Insurance Isn't Good Enough For ObamaCare," CNN Money, 4/3/13)

ObamaCare's Requirements Will Likely Lead To "Higher Premiums Than Today's" Plans. "Most individual plans sold next year, even the lowest-level 'bronze' plans, are likely to charge higher premiums than today's most bare-bones individual insurance." (Tami Luhby, "Most Individual Health Insurance Isn't Good Enough For ObamaCare," CNN Money, 4/3/13)

Current Health Care Plans That Don't Meet ObamaCare Standards "Will Likely Disappear." "So what happens to the plans that don't meet the new minimum standards? They will likely disappear. A handful of existing plans will be grandfathered in, but the qualifying criteria for that is hard to meet: Members have to have been enrolled in the plan before the ACA passed in 2010, and the plan has to have maintained fairly steady co-pay, deductible and coverage rates until now." (Tami Luhby, "Most Individual Health Insurance Isn't Good Enough For ObamaCare," CNN Money, 4/3/13)


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