Internal IRS Memo: Millions would lose their Health Insurance. Period

“We will keep this promise to the American people. If you like your doctor you will be able to keep your doctor. Period. If you like your healthcare plan, you will be able to keep your healthcare plan. Period.” – Barack Obama, June 15, 2009

“Nothing in our plan requires you to change what you have.”- Barack Obama, September 9, 2009

Not so says a 2010 IRS Memo:

Department of the Treasury
Internal Revenue Service
26 CFR Parts 54 and 602

The frequency of this outcome cannot be gauged due to lack of data, but as a result of it, the  departments estimate that the percentage of individual market policies losing grandfather status in a given year exceeds the 40 percent to 67 percent range that is estimated based on the fraction of individual policies that turn over from one year to the next.

Read the Full Document Here

H/T Megyn Kelly

About Albert N. Milliron 6988 Articles
Albert Milliron is the founder of Politisite. Milliron has been credentialed by most major news networks for Presidential debates and major Political Parties for political event coverage. Albert maintains relationships with the White House and State Department to provide direct reporting from the Administration’s Press team. Albert is the former Public Relations Chairman of the Columbia County Republican Party in Georgia. He is a former Delegate. Milliron is a veteran of the US Army Medical Department and worked for Department of Veterans Affairs, Department of Psychiatry.

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