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The Online Home of Author and Investor, Dick Young

Lies, Lies, Lies of Obamacare

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Read here a true-life story of how one 61-year-old woman was forced into an Obamacare-compliant health plan to the tune of over $12,000 a year—more than double what she was paying pre-O’Care. She is not eligible for subsidies, and, at 61, she has no need for maternity care, newborn care, or pediatric services, all of which she has been forced to buy. Ms. Salter testified before the Senate Small Business Entrepreneurship Committee last November.

According to Senate Majority Leader Harry Reid, I’m a liar.

He said as much last month on the Senate floor. “There’s plenty of horror stories” about Obamacare, he claimed — but “all of them are untrue.”

Apparently, I lied to the Senate last November. That’s when I testified before the Senate Small Business and Entrepreneurship Committee about how Obamacare forced my insurance company to cancel my health care plan — a plan that I liked and wanted to keep.

Here are the facts: Last September, I received a cancellation letter from my insurance provider, Blue Cross Blue Shield of North Carolina. It simply read: “You must transition to a new, Affordable Care Act-compliant medical plan.” With one sentence, I had lost my health insurance.

This directly broke President Obama’s — and Harry Reid’s — promise that I, along with 4.7 million other Americans who lost their health plans thanks to Obamacare, could keep my plan if I liked it.

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Debbie Young

Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, and practicing yoga.