R-Blue Cross) "Keep Your Health Plan Act of 2013" now.
Buzzfeed: President Obama threatened Thursday to veto a House bill that would allow insurance companies to continue offering existing health plans after millions received cancelation notices due to the Affordable Care Act.Overriding a presidential veto is an uphill battle in even the best of circumstances, but the idea that enough Democrats would defect to create a two-thirds majority in both houses here doesn't seem at all likely. You can pass a bill in a hurried panic, but the president can sit on it a while and wait for everyone to cool off before he vetoes it. Seriously, this may get a lot of press because of a House vote on the bill today, but it is most probably dead...[CLICK TO READ FULL POST]
The threat came hours after the president asked health insurance companies to allow individuals to keep their existing, canceled plans for a year.
The “Keep Your Health Plan Act of 2013,” sponsored by Republican Rep. Fred Upton of Michigan, would allow insurance companies to continue to offer plans that were available before the new Obamacare rules took effect. The House is scheduled to vote on the bill Friday and a handful of Democrats were expected to support it.
Obama’s fix allows only individuals whose policies were canceled in 2013 to re-enroll in their plans next year, while the Upton bill would allow insurers to sell the plans to new customers and would not be limited to just one year.