Tuesday, October 29, 2013

[VIDEO] Chris Matthews Questions Obama’s Credibility in Wake of NBC’s Obamacare Report


 
BY: 
MSNBC host Chris Matthews said President Obama’s “credibility” would be under pressure Tuesday on Morning Joe if accounts that people with “normal medical expenses” were having their insurance plans cancelled are true, as NBC reported Monday.
“ I think it’s a real challenge if people with regular policies out there that cover normal medical expenses are now told, Wait a minute, that policy doesn’t count,’” Matthews said. “I think that will be a real problem for the president in terms of his credibility, if those accounts are in that list.”
NBC reported Monday the Obama administration knew since 2010 that millions of Americans would not keep their health insurance, despite his repeated pledges that Obamacare would not force cancellations of existing coverage policies:
Buried in Obamacare regulations from July 2010 is an estimate that because of normal turnover in the individual insurance market, “40 to 67 percent” of customers will not be able to keep their policy. And because many policies will have been changed since the key date, “the percentage of individual market policies losing grandfather status in a given year exceeds the 40 to 67 percent range.”
Via: WFB
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