Half of 14 Million Americans With Individual Insurance Will Lose Coverage Thanks to ObamaCare

October 25, 2013

According to a new analysis, nearly half of the 14 million Americans who buy insurance on their own “are not going to be able to keep the policies that they had previously.”

That’s because ObamaCare and its costly rules and regulations are causing health premiums to skyrocket.

From CBS:

Natalie Willes is a sleep consultant who helps parents in Los Angeles train their newborns to sleep. She buys her own health insurance.

“I was completely happy with the insurance I had before,” Willes said.

So she was surprised when she tried to renew her policy. What did she find out?

“That my insurance was going to be completely different, and they were going to be replaced with 10 new plans that were going to fall under the regulations of the Affordable Care Act,” she said.

Her insurer, Kaiser Permanente, is terminating policies for 160,000 people in California and presenting them with new plans that comply with the healthcare law.

“Before I had a plan that I had a $1,500 deductible,” she said. “I paid $199 dollars a month. The most similar plan that I would have available to me would be $278 a month. My deductible would be $6,500 dollars, and all of my care after that point would only be covered 70 percent.”

So did President Obama lie to Natalie, and the millions of other Americans who are set to lose their health insurance, when he promised the nation over and over that if you like your health care plan, you can keep it?