900,000 to reduce medical health insurance in California as Obamacare disaster spreads If you like your plan, you can keep it. These famous words, that have been literally mentioned by Usurper Obama a large number of occasions during his Affordable Treatment Act hawking days, are actually a blatantly bald-faced lie. As reported by SFGate, some 900,december 31 000 Californians are expected to reduce their existing healthcare protection come, adding to the millions of others from various other states who’ll also reportedly reduce their plans CVS pharmacy . Peter Lee, Executive Director of Covered California, California’s Obamacare health insurance exchange, lately told the editorial plank of the San Fransisco Chronicle that the individual market for medical health insurance is certainly changing dramatically.
In 2004, nearly a quarter of People in america age 65 and old lacked prescription drug insurance coverage, Weir and Levy found, compared with fewer than 10 % in 2006. The overall enrollment figures found in this scholarly study were quite similar to those reported by the U.S. Department of Health insurance and Human Services, with roughly 25 percent of Medicare beneficiaries signed up for stand-alone Component D coverage in 2006. But using data from the ongoing health and Retirement Study, the researchers were able to go beyond the official statistics showing that wealthy and poor were equally likely to join Part D and private coverage, and to lack coverage.