Monday, May 27, 2013

Obama lied when he said "you can keep your existing plan"

More on the Obamacare mess--

Mish's Global Economic Trend Analysis: Obamacare Premiums 47% Higher But Deductibles 27% Lower Than Grandfathered Health Plans; Obamacare Lies: "That difference in monthly premiums of $190 vs. $279 will entice many to keep their existing plan, assuming it is still offered. However, that setup won't last very long because companies cannot raise premiums on grandfathered plans. Simply put, Obama lied when he said "you can keep your existing plan", knowing full well the law was purposely written to make sure that would not happen over time. Eventually you will be stuck with a new Obamacare plan and higher premiums whether you like your existing plan or not."

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