Newest Fox News piece: Why insurance companies who follow the ObamaCare 'fix' could face legal troubles
Will Obama's newest “if you like it you can keep it” offer for health insurance really let Americans get their canceled plans back?
No. And the president knows it.
The proposal was rushed out on Thursday for two purposes: to give Congressional Democrats cover today before a vote in the House and shift the blame to others. As will be explained shortly, Obama ignored that there is no way for insurance companies to ignore the current law as it stands.
Five million Americans have so far lost their insurance and they are suffering sticker shock from the new policies. More Americans on individual plans will soon get notices.
Unfortunately, the problem won’t be limited to the five percent of Americans that Obama claimed on Thursday. Over the next year, at least a total of 129 million Americans will find that they can't keep their current policies as employer-based insurance policies face renewal.
Obama's "solution" to people losing their policies is to promise he will not enforce part of the ObamaCare law for one year. . . .