Chuck Todd, the chief White House correspondent for NBC News, told Morning Joe that President Obama’s promise that people would be able to keep their health insurance under the Affordable Care Act was predicated on insurance companies being able to offer affordable policies that complied with the new law, even though he knew that would be difficult for them to do:
They put themselves in the hands of the insurance companies. They were making promises that they were hoping the insurance companies were going to keep!
At the time all of us said, ‘We’re highly skeptical of how he can make that promise. Let’s look at our own company. We can’t decide to keep our health care if Comcast decides to change health plans. We’ll get a choice, we’ll get maybe an a or b or c, depending on different things. So when the President said it, basically only people on Medicare, TriCare, Medicaid could he keep that promise for.
Joe Scarborough then pointed out that NBC’s Lisa Myers said that the White House knew many would lose coverage under the ACA and that President Obama knew he wasn’t telling the truth about Obamacare, and asked Todd how they get around that.
Todd admitted Obama’s statements on the health care plan puzzled him:
I never understood why he said ‘if you like your health care plan you can keep it,’ because he was relying somehow on the insurance companies to keep this promise. Again, this goes to making promises you couldn’t keep. And it goes even worse. Lisa’s report says they knew this wasn’t going to be case for a large group of people. So I don’t get it.
That so-called promise was that insurance companies would somehow be able to offer the same plans with the additional Obamacare requirements—at the same price—so that people could indeed keep their plans.
But that was an unrealistic expectation, and Obama knew it. There is no way insurance companies could both comply with the new Obamacare requirements and keep the policy costs down.
And if Obama isn’t lying, then why have an estimated two million people, so far, had to change their health insurance because their current policies do not comply with Obamacare? Those policies are being replaced by policies that may cost the consumers up to 1,000% more in some cases? And according to a report by NBC, in fact the Obama administration has known for a long time that an estimated “40 percent to 67 percent” of policies will no longer be acceptable.
That doesn’t sound too affordable to me.
And this is Obama’s signature achievement?