CBS: 2 Million Forced Out of Health Plans By ObamaCare 'Just The Tip of the Iceberg'

October 29, 2013 - 1:53 PM
CBS: 2 Million Forced Out of Health Plans By ObamaCare 'Just The Tip of the Iceberg'

From the 29 October 2013 edition of CBS This Morning:

JAN CRAWFORD: There have been estimates of hundreds of thousands of people across the country losing their current coverage. But we reached out to insurance companies across the country to find out some real numbers. This is just the tip of the iceberg. And the people who are opening these letters are shocked to learn they can't keep their current policies, despite the President's assurances to the contrary.

CRAWFORD (voice-over): The White House is on the defensive, trying to explain how, when the President repeatedly said this:

PRESIDENT BARACK OBAMA (from August 15, 2009 video): If you like your doctor or health care plan, you can keep it.

CRAWFORD: He really didn't mean it. It's an unexpected reality of ObamaCare, being told through though anecdotes in local papers and on social media. But the hard numbers reveal the evidence is far more than anecdotal. CBS News has confirmed with insurance companies across the country that more than two million people are getting notices they no longer can keep their existing plan – in California, 279,000; in Michigan, 140,000; Florida, 300,000; and in New Jersey, 800,000. And those numbers are certain to go even higher.

Industry experts, like Larry Levitt of the Kaiser Family Foundation, say the insurance companies have no choice. ObamaCare forces them to drop many of their plans that don't meet the law's ten minimum standards.

About half of the people getting these letters will pay more. Half will pay less, thanks to taxpayer subsidies.

LARRY LEVITT, KAISER FAMILY FOUNDATION: The winners outnumber the losers here. But because of all the website problems, it's really hard to find out who those winners are, because they don't even know it themselves.