Thursday, November 07, 2013

Sebelius Bombshell: Employer Based Plans Will Face Same Grandfathering Caveats as Lost Individual Plans

Townhall reports:
Testifying on Capitol Hill Wednesday about the failure of the Obamacare rollout, Health and Human Services Secretary Kathleen Sebelius was grilled about President Obama's false promise that millions of Americans could keep their insurance plans. Sebelius and Obama repeatedly stated plans held prior to Obamacare passing and going into effect would be grandfathered in. What they didn't mention is the "grandfathering" process comes with caveats, meaning if plans didn't meet new Obamacare standards, they would be cancelled. Because of those caveats, millions of Americans in the individual health insurance market have lost their health insurance plans despite being promised they could keep them. Today, Sebelius admitted employer based insurance plans will also be cancelled as a result of grandfathering caveats and government requirements making plans illegal under Obamacare.

"Employer based grandfathered plans will have the same caveats," Sebelius said under questioning from Republican Senator John Thune.
Most people probably will be paying more for health insurance due to Obama's massive lie.