Ironically, Obama didn't technically lie. But he is resorting to lawyerspeak in order to foist this sick (ha!) monstrosity of legislation 'pon the American people.
Investor's Business Daily reported Wednesday afternoon that on page 16 - not that bloody difficult to find - that the House's version of socialized medicine outlaws the buying and selling of new health care policies from private insurers.
So technically speaking, if you like what you've got, you can keep it. Unless you change jobs, in which case you can't keep it. And you can't buy a different policy if you don't like the one you have. Here's what it says in the IBD report:
"Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day" of the year the legislation becomes law.
I'm not a lawyer. I'm of average intellect, and I really don't like math. I have, on several occasions, been able to solve a Rubik's cube. This just doesn't seem that complicated to me.
The individual health insurance issuer (insurance company) offering such coverage (individual health insurance plans) does not enroll any individual (you) in such coverage (individual health insurance plans) if the first effective date (the date the plan takes effect) is on or after the first day of the year the legislation becomes law.
So if you're keeping score at home, that's the first day of 2009, which was a little over six months ago. Shazam, no more private health insurance, period.
Kill it with fire.