NBC's Obamacare "Scoop" Is Actually Three Years Old

[kentuck]

http://www.newrepublic.com/article/115391/obamacare-policy-cancellations-why-non-group-market-needed-fixing

<snip>
The big story of the last 24 hours is an NBC News “investigation” into Obamacare, based on “sources deeply involved in the Affordable Care Act.” The breathless tone doesn't quite match the revelatory content. The story's big scoop turns out to be a federal regulation that was publicly announced three years ago and discussed extensively at the time.

But the underlying issue is real. It’s the same essential transformation getting less sensationalist attention elsewhere and that I wrote about yesterday. Insurers are refusing to renew existing insurance policies for hundreds of thousands and maybe millions of Americans, usually because those new policies do not satisfy Obamacare regulations that take effect in 2014. The people losing insurance have a chance to get modified or new policies that typically offer better, more secure coverage. But the prices they are seeing tend to be higher than what they are paying now. These people are asking a lot of hard questions, which Republicans are amplifying today. Why can’t these people simply keep the policies they had before? Didn’t President Obama vow that Americans who like their insurance would get to keep it?

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[dennis4868]

1. what the article does not say OF COURSE

is that just about all these people can get a subsidy through the exchanges and pay much less than what they were paying before and get much more coverage.