California Insurers Contractually Required to Cancel Plans

California Insurers Contractually Required to Cancel Plans

This is only one state, but California is the most populous state in the country, and it was here that insurers who wanted to be part of the ObamaCare exchanges were contractually required to wipe out what could be one-million California insurance plans. The San Francisco Business Times reports that they have confirmed with Anthem Blue Cross, Kaiser Permanente, Health Net, and Blue Shield of California that they were contractually required to cancel “non-ACA-compliant plans on December 31.”

This news lays waste to the White House and their surrogate’s attempt to blame the insurance companies for all of these cancellations. The claim was already ridiculous on its face. The president could have easily required the insurance companies to honor his “you can keep your plan if you like it pledge.” Instead, in 2010, the White House narrowed the grandfather clause practically out of existence.

(Another lie is that these plans were “junk.” Few industries are as regulated in all 50 states as insurance companies.) 

Moreover, Obama knew millions would lose  their insurance and not only did nothing to stop it, he kept telling his Big Lie.

The question now is how many other states had similar contracts?



 Follow  John Nolte on Twitter @NolteNC             


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