House Republicans are pushing a new bill to let Americans keep their health insurance plans following revelations that the Obama administration knew millions could lose their current coverage due to changes from the Affordable Care Act.
Rep. Fred Upton, R-Mich., was introducing the "Keep Your Health Plan Act" in a bid to address widespread reports of people losing their current plans. CBS News reported Monday that more than 2 million Americans have already been told they can't renew their policies.
"This legislation is about providing folks the peace of mind that they will be allowed to keep their current coverage if they so choose," Upton said in a statement. The bill would allow plans sold on the market today to continue to be available.
Fox News confirmed on Monday that despite assurances from President Obama that anybody who likes their health insurance can keep it, a 2010 IRS document predicted a huge swath of customers could lose their coverage.
The document addressed a rule in the law that states individual policies purchased on or before March 23, 2010 would be "grandfathered" -- or exempt from changes required under ObamaCare. However, the provision was changed so that plans that undergo "significant changes" could lose that special status.
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