The Obama administration says media reports about consumers losing “plans they like” are giving an incomplete picture of what’s really happening.
Jay Carney, the White House press secretary, said today during a press briefing that the Patient Protection and Affordable Care Act (PPACA) will have no effect on the uninsured, and no effect on the ability of consumers to keep Medicare coverage, Medicaid coverage, employer-sponsored coverage or Veterans benefits.
“So, what we’re talking about here is the 5 percent in the country who currently purchase insurance on the individual market,” Carney said, according to a transcript of his remarks.
The individual market “has been like the Wild West,” Carney said.
Before PPACA came along, he said, individual carriers in many states could jack up premiums, change plans or eliminate plans at will.
Consumers can still keep “grandfathered” individual policies that have remained largely unchanged since PPACA was enacted, even if those grandfathered policies fail to meet PPACA standards, Carney said.