In 2009, President Obama promised Americans, “If you’re one of the more than 250 million Americans who already have health insurance, you will keep your health insurance. This law will only make it more secure and more affordable.”
Across America, millions of hardworking families are receiving letters from their current insurance providers informing them their coverage will end, resulting in higher monthly payments and substantial increases in insurance deductibles when they re-enroll.
According to industry expert Robert Laszewski:
These 16 million people are now receiving letters from their carriers saying they are losing their current coverage and must re-enroll in order to avoid a break in coverage and comply with the new health law’s benefit mandates––the vast majority by January 1. Most of these will be seeing some pretty big rate increases.
Read Laszewski’s entire analysis at Heritage.org.