Thursday, July 05, 2012

Fact Check On Obamacare and Keeping Your Insurance

There's some fact check action going on over at USA Today re. keeping your health plan under Obamacare. As expected, neither Obama or Romney have it totally right.

OBAMA: "If you're one of the more than 250 million Americans who already have health insurance, you will keep your health insurance. This law will only make it more secure and more affordable."

ROMNEY: "Obamacare also means that for up to 20 million Americans, they will lose the insurance they currently have, the insurance that they like and they want to keep."

THE FACTS: Nothing in the law ensures that people happy with their policies now can keep them. Employers will continue to have the right to modify coverage or even drop it, and some are expected to do so as more insurance alternatives become available to the population under the law. Nor is there any guarantee that coverage will become cheaper, despite the subsidies that many people will get.
Read the rest here.  Some interesting information.

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