Saturday, March 14, 2015

Yeah, about that "If you like your plan..." Dealio

Residents of the The Centennial State are about to get a rude wake-up call:

"Colorado Sen. Cory Gardner (R) said he’s “utterly appalled” by the Colorado Division of Insurance decision to cancel 190,000 health plans that don’t comply with Obamacare regulations"

Colorado is one of 14 state-based HIX (Exchanges); as an aside, these are the states with legitimate subsidies. The plans at issue had been "Grandmothered" in, meaning that they could continue to be sold as long as the state's insurance department allowed. Colorado's insurance commish justified the cancellation because "by delaying it, it doesn’t give us a good pathway into full implementation of the ACA.”

Which is an eminently reasonable rationale.

The problem, of course, is that it's part of why The Obamastration's explicit promise about keeping your plan was always a lie: under the ObamaTax, all plans would eventually have to come into compliance, an impossibility given how they're structured.

But hey, they had to pass it to...
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