fear retribution from the white house. there is embarrassment about the policies that need to be dropped or canceled due to the obama care regulations. but he also says the industry specifically warned the administration this would be the result if those additional coverage requirements moved forward which they did. the white house flatly denying that they are excerpting a exerting any pressure at all, right in. yes, according to jay carney, he says it ignores the fact insurance companies are talking about the law because they are trying to reach millions of new customers who will now have new affordable options available. drew griffin, thank you. coming up, u.s. government accused of spying on yahoo! and google and now the nsa is
in the individual market have or will receive cancellation notices stating their health insurance coverage does not meet minimum coverage requirements of the affordable care act. the bill specifically grants you, madam secretary, the power to determine the criteria for hardship exemption. will you provide all of these individuals a hardship exemption since the affordable care act has taken away their plan? will you do that? no, sir, and i think those numbers are far from accurate. 95% of americans who have health insurance will be in a continuous plan, medicare, medicaid, employer based, va. 95%. 5% who are in the individual market, a portion of those 5%, a portion of them, about 12 million people, a fraction of those 12 million will have a plan that doesn t meet the criteria an has not been grandfathered in. they are indeed receiving notices.
16 million people in the individual market have or will receive cancelation notices stating their health insurance coverage does not meet minimum coverage requirements of the affordable care act. the bill specifically grants you, madame secretary, the power to determine the criteria for a hardship exemption. will you provide all of these individuals a hardship compensation since the affordable care act has taken away their plan? no, sir. and i think the numbers are far from accurate. 95% of americans who have health insurance will be in a continuous plan, medicare, medicaid, employer base, v.a. 5%, a portion of those 5%, about 12 million people, a fraction shun of those 12 million, will have a plan that doesn t meet the criteria and has not been grandfathered in. they are indeed receiving
criteria need to change. at least three states are telling insurance companies they must discontinue plans that don t meet all the new coverage requirements. that s because it s so complicated to change some of these plans that the states are asking them to scrap them altogether. that means the president s promise that if people like their current plans, they d be able to keep them, is being broken. so then what happens to these people? well, if you re in kentucky, virginia, or idaho and have a plan that doesn t meet obama care s requirements, insurers will discontinue your current plan and are expected to offer new plans that meet the new requirements. for some people, that could increase their premiums. for others who might qualify for a subsidy under obama care, it could be cheaper. either way, you re going to get a new plan. so let s use kentucky for an example. what happens there? about half of the roughly 600,000 people in the state s private insurance market will have th
watch out for anybody asking you for money. sadly another thing that breaks my heart is that seniors often do become targets with these kind of things. someone might tell you they ll lose coverage if they don t get a new medicare card and they ll begin to press for your social security number. bottom line is you do not need a new medicare card with obama care and it s important that people know that and tell their parents the same thing. lastly, watch out for companies offering a cheaper alternative to insurance. the so-called medical discount plans are bogus. they falsely claim to exempt you from minimum insurance coverage requirements. bottom line if you re unsure, stick with the federal and state exchanges. sanjay? so, is there anything you can do if you think you ve come across one of these bogus scams? yeah, absolutely, there are a number of things you can do. you can file a complaint with your state attorney general or your local consumer protection agency, but, you know, lis