Millions of Americans’ individual market health plans are being canceled because of President Obama’s health care law.
Now embarrassed by his oft-repeated and false promise that “if you like your health plan you can keep it,” Obama has retreated to a new line of defense: Your old health plan had to be canceled because it was “junk.”
There are two problems with this new argument. The first is admittedly anecdotal: Where are the cancellation victims who now stand to pay less for more insurance – or even just the same amount for a better plan?
Yet there is no shortage of people who are finding they will now pay more for less coverage under Obamacare – higher deductibles, smaller provider networks, significantly higher premiums – and end up with little more than free birth control to show for it.
That’s the second and more convincing reason to disbelieve the White House’s new defense. If these millions of cancelled plans are “junk,” then why are so many of the Obamacare substitutes so vastly inferior and more expensive?