There’s a major story about Obamacare making the rounds in every major media outlet today, but unless you do some real digging, you only know half of it. Millions of people are getting dropped from their coverage because of Obamacare. Obama said again and again that if you like your coverage you’ll get to keep it under Obamacare, but really he knew this would happen all along. Many insurance plans don’t meet the standards required by Obamacare, and so these plans are getting phased out, and the people who were on them will need to get insurance on the health exchanges set up by Obamacare. But don’t take my word for it, here is the big headline from NBC News:
Yahoo determined that this story was covered enough to be non-controversial enough for them to pick it up too.
Republicans constantly talk about how the mainstream media has a liberal bent, but these stories show that that’s not the case: the mainstream media roots for stories, not parties, and the story right now is that millions of people can’t keep their plans under Obamacare. And that’s true, and yes it is awkward that Obama repeated many times that people would get to keep their health insurance under Obamacare.
But keep digging, and we find this little nugget in the CBS article (emphasis added):
“Industry experts say about half the people getting the [plan cancellation] letters will pay more -- and half will pay less, thanks to taxpayer subsidies. Levitt [of the Kaiser Family Foundation] said, ‘The winners outnumber the losers here, but because of all the website problems, it's hard to find out who the winners are because they don't even know it themselves.’”
So, here’s the complete story:
1) Obama did say that people would get to stay on their plans if they liked them, because health insurance plans that were in place before March 23, 2010 (the day Obamacare became law), were grandfathered in, even if they didn’t meet Obamacare’s standards BUT that grandfathering privilege can be lost if health insurance companies make major changes to their plans.
2) Thus, health insurance plans that did not meet Obamacare’s standards and were either established after March, 2010 or had made major changes could no longer continue.
3) People on those health plans now have to find new insurance, and because of subsidies provided by Obamacare, more than half of them will pay LESS under Obamacare. The people who pay more are the ones who are earning more income.
Call it a scandal or call it the expected upheaval from a major overhaul of a broken system. NBC, CBS, Yahoo and the rest call it pageviews and ad revenue.