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The answer: Her lips are moving.

Once again, the former Speaker of the House lies to the general public, and they lap it up like milk from a bowl.  On all the Sunday News Programs, in defense of Obamacare – which she refuses to call ObamaCare, instead, she insists on calling it the “Affordable Care Act” – she stated that insurance companies can kick you off a plan if you develop a pre-existing condition.

Oh, Nancy! If it were only true.

In the past, insurance companies have cancelled coverage if you have not continued to pay the monthly premium.  They can, and have, rescinded coverage, if the applicant has misrepresented information, or intentionally deleted information, on the application.  They have never, however, accepted an application with correct information, then once that person has developed a condition, refused to continue coverage, simply because of that condition.  They might have – and this has been done – raised premiums so high that the person can no longer afford to keep the coverage.  Then, at that point, they are uninsureable for future coverage anywhere else.

The insurance companies will be vilified, and the liars in Washington will get away with this fiasco.

Now, to be fair, there are no other ideas coming from the other side of the aisle.  Republicans, rather than just clapping their hands, need to submit, solid, realistic, compassionate alternatives.  Thus far, it’s been nothing but double talk from the right as to what they propose.  Nothing detailed.  Nothing showing dollars and cents.

Here are some ideas:

  1. condition specific coverage to add to High Deductible Plans
  2. regional coverage across state lines
  3. public/private partnerships for the frailest amongst us

And, for God sake, stop comparing this to Part D Medicare coverage.  Part D is not mandatory for everyone on Medicare.

Again, can someone tell me why we are mandating that 45 year old males have Maternity coverage. Or, someone who does not have children, must have pediatric dental care?  Nancy, why not concentrate on Fraud, Waste and Abuse?

If you would like to discuss your options, please feel free to contact me at 404-551-5339 or email me any questions or concerns to bob@legacyfinancialpartner.com