Posted by Jim Hoft on Wednesday, October 23, 2013, 2:40 PM
Here was a nice speech from Speaker John Boehner.
More Americans will lose insurance than have been able to sign up for Obamacare
The Washington Times reproted
House Speaker John A. Boehner predicted Wednesday that by the end of the month, more Americans will have lost their insurance by being kicked off existing health plans than the number who were able to sign up in the flawed online healthcare.gov website.
And the early numbers may back him up.
Kaiser Health News reported this week that hundreds of thousands of Americans have received notices from their insurers canceling their policies: 300,000 from Florida Blue and 160,000 from Kaiser Permanente in California.
One industry analyst told Kaiser Health News the moves may be a way of insurers ridding their own rolls of costly consumers they don’t want, and pushing those people onto the federal health exchanges.
“When you begin to look at these hundreds of thousands of people, I think what you’re going to see at the end of October are more Americans are going to lose their health insurance than are going to sign up at these exchanges,” the Ohio Republican told reporters.
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