This post was contributed by a community member. The views expressed here are the author's own.

Health & Fitness

"You can keep your Insurance"... President Obama

Forbes has just reported that the Obama administration knew in 2010 that by the time the dust settles, 93 million Americans will lose their insurance due to ObamaCare.

Section 1251 of the Affordable Care Act contains what’s called a “grandfather” provision that, in theory, allows people to keep their existing plans if they like them. But subsequent regulations from the Obama administration interpreted that provision so narrowly as to prevent most plans from gaining this protection.

Each day the amount of people with Cancelled policies that live here in Newport Beach keeps growing and growing, I am hearing numbers internally that up to 75% of American's who have private insurance may be "cancelled".  As of today I can only find a few Insurance carriers who are not participating inside the "Exchange" here in California known as Covered California.  And those January 2014 rates have yet to be published from those carriers!  

Stay tuned here in Newport Beach
949 706 1209 (health insurance guru)

We’ve removed the ability to reply as we work to make improvements. Learn more here

The views expressed in this post are the author's own. Want to post on Patch?