Truck, Meet Hole Part II
In a previous post, I discussed the regulations HHS promulgated in June 2010 to implement the Affordable Care Act. I failed to mention that buried in the issue of the Federal Register that contains those regulations, you’ll find the following chart:
You can find the chart and relevant discussion of both group and individual plans on pages 35,552 to 34,553 of this document. Interim-Final-Regulations_HHS-OS-2010-0015-0001_3
Forbes magazine claims that in these pages and with this chart, “Obama Officials [said] In 2010: 93 Million Americans Will Be Unable To Keep Their Health Plans Under Obamacare.” I’m not sure if Forbes’s analysis is accurate, but there’s no doubt that Obama officials knew that lots of people with group and individual health insurance were going to lose their grandfathered status, and thus the health insurance that they presumably liked, by the end of 2013.
Someone said “sorry” so it’s okay now.