President Obama has come under fire recently for promises about the Affordable Care Act. The President repeatedly assured doubters that under the Affordable Care Act, Americans would be able to keep their existing health insurance. As a growing number of Americans receive cancellation notices from their insurance companies, many are describing this promise as misleading, if not an outright lie. These cancellation notices are particularly infuriating to young people, who are now forced to subsidize the health care of older, more affluent Americans.
In a speech defending the law on Wednesday, the President attempted to shift the blame for these cancellations on “bad apple insurers.” This claim ignores the fact that these cancellation notices are the result of insurance companies simply complying with the Affordable Care Act. The Obama administration is depending on “young invincibles” to enroll in health insurance plans to make the law a success, but young people would be wise to consider the misleading nature of the administration’s claims.
During Congress’ debate of the Affordable Care Act and the resulting political aftermath, one of President Obama’s most persistent claims was that people who were happy with their health insurance would be able to keep it. In an address to the American Medical Association on June 15, 2009, the President stated, “If you like your health care plan, you will be able to keep your health care plan. Period.” The President planted this straightforward stake in the ground, with no caveats.
As the law has gradually taken effect, this has proven untrue. According to CBS News, more than 2 million Americans are losing their health insurance plans because of the Affordable Care Act.