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Most Health Insurance Policies are "Sub-Standard" by Law

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posted on Nov, 14 2013 @ 11:10 AM
According to a report, it seems only 2% of individual policies don't have that precious all inclusive "Minimum Essential Coverage" and thus are effectively *cancel-able* under the law.

Same goes for about half of the employer policies.

That puts the Obama statements at *Fraud Levels* by the opinion of the lawyer who prosecuted the 1993 World Trade Center bombers.

Andrew McCarthy is the lawyer and he says it's grounds for impeachment.

“If ever there has been a fraud on the entire American people it’s this one. And, I would say, Megyn, this business about, “you want your plan, you keep your plan,” is just the beginning of it… We’re talking about serial fraud on multiple levels and multiple level misrepresentations… This is an ‘in your face’ almost a crude fraud… The remedy the Framers gave us for reigning in executive excess especially if it gets this abusive is impeachment. Impeachment is a political remedy not a legal remedy… This is a big scandalous scheme and the more you look at it, systematic dishonesty is rife all the way through it.”

"Andrew McCarthy: Obama Committed Serial Fraud - Impeachment Is a Remedy"

Obama Is Guilty of Serial Fraud – Impeachment Is a Remedy

The cancellations will affect only a small number of people, those who buy individual policies.

In making this claim, the president focuses on the individual market, which he accurately notes covers about 5 percent of Americans. Still, that is about 14 to 15 million people. So far, as of mid November, roughly 4.8 million individual insurance plans have been canceled, with most estimates suggesting that as many as 10 million will eventually lose their current coverage.

It could be far more. As Avik Roy of the Manhattan Institute points out, some 51 percent of the employer-based insurance market will lose grandfathered status and need to make changes to comply with Obamacare provisions. That could mean that, in total, as many as 93 million will lose their insurance. That’s not exactly “a few.”

Lying about Lies

The administration knew all about these facts years ago

We Have Been Lied To !!

edit on Nov-14-2013 by xuenchen because:

posted on Nov, 14 2013 @ 12:41 PM
And this is just the beginning.

posted on Nov, 14 2013 @ 12:54 PM
reply to post by butcherguy

Yea, wait until the employer mandate kicks in. That's when round 2 starts. Why else do you think they delayed this mandate?

posted on Nov, 14 2013 @ 03:23 PM
reply to post by Krazysh0t

In this case, the slower the train wreck the more damage
it does to the economy, and the peeps.

posted on Nov, 14 2013 @ 03:55 PM
Obamacare may send us into another recession/depression.

We're seeing how fast individual premiums are going up and policies that are being canceled.

What's going to happen when companies can't afford to buy insurance for their employees? They will make them pay 100% of the premiums or drop the coverage since it is cheaper to pay the fines. Or they will drop employees. We're already seeing companies more employees to part timers.

I can't see this ending well. The masses will have less money to spend, productivity suffers and companies are paying more for insurance.

I could see the medical providers crashing as well as less people actually have insurance, but the masses still need all the treatment. Who is going to pay for it all?

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