WASHINGTON – Despite assurances from President Barack Obama that if you like your health insurance you’d be able to keep it, NBC News says millions of Americans are getting — or are about to get — cancellation letters.
Experts tell NBC they predict as much as 75 percent of the consumers who buy their insurance individually can expect to get a “cancellation” letter over the next year because their policies don’t meet the standards mandated by the new health care law.
NBC News reports the Obama administration has known that for at least three years.
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