President Obama is set to bar the House bill where people can keep health insurance plans which do not come under Obamacare regulations.
"With health care costs rising at low rates and choices for small businesses improving through the Health Insurance Marketplace, this bill would be a major step back," was a statement issued from the Office of Management and Budget.
The president's opposition to the Employee Health Care Protection Act was a known fact though it is exactly what Representative Bill Cassidy and Representative Cory Gardner have always been saying. Both of them are running against the incumbent Democratic senators this year.
"The president and supporters of Obamacare promised numerous times that 'if you like your health-care plan, you can keep it, period,'" Cassidy said while touting the bill, which he sponsored, in July. "If supporters of this law really believe in keeping their word to the American people, they should support this legislation to help millions of Americans keep the healthcare plan they like."
The statement said that the bill "threatens the health care security" of Obamacare beneficiaries.
"The Administration supports policies that allow people to keep the health plans that they have. Its transition policies allow States and issuers to do just that," Office of Management and Budget said. "But, policies that reverse the progress made to extend quality, affordable coverage to millions of uninsured, hardworking, middle class families are not the solution."
Joel Gehrke, September 2014
Hannah Punitha (IRDA Licence Number: 2710062)