According to ABC News, White House Spokesperson Jay Carney said yesterday, “If you had a plan on the individual market and you liked it and you like it and you’ve kept it, you can keep it forever as long as your insurer offers it.” However, it is necessary to read between the lines. Trading Concepts notes that the key phrase here is “as long as your insurer offers it.”
Todd Mitchell, Trading Concepts, Inc. CEO stated, “Perhaps it took some time to uncover all the government’s healthcare plan’s requirements and details." Formerly President Obama said “If you like your plan, you can keep your plan.” The problem is, due to Obamacare (also known as The Affordable Care Act); the rules have changed for insurance companies. According to ABC News, some insurance companies can no longer offer some of their basic policies to consumers, as the policies don’t meet the Affordable Care Act requirements for coverage. This is leaving some folks without their previously affordable insurance option. They may have no other choice but to enroll in Obamacare for health insurance.
Todd says that in his business of trading the markets, “honesty is always the best policy, especially when you are leading a large group of people toward a goal, but you first must know exactly what you are working with. However, being able to apologize is refreshing, and we are starting to see this from the government with respect to the rollout of Obamacare.”
“It’s too bad that it’s turning out that some people will not be able to keep their current health insurance plan,” Todd sympathizes. He encourages folks with individual health care policies to call their insurance company for clarification on their personal policy.
One of the building blocks to Trading Concepts, Inc. is honesty. Trading Concepts is a trading education company. Trading articles are posted regularly. Many articles, although geared toward people who trade the markets, can be helpful to almost anyone.
One article, titled “20 Phrases of Wisdom,” could have helped prevent the disappointment some are experiencing due to the rollout of Obamacare. If only the government had read (and applied) these two nuggets of wisdom from Todd’s list:
• Truth stands the test of time; lies are soon exposed.
• Steady plodding brings prosperity; hasty speculation brings poverty.
Yes, it’s true, hindsight is 20/20. But it may not be too late for our government to turn things around. They still have time to follow these nuggets of wisdom from Todd’s article (and doing so could possibly even prevent another potential shutdown):
• The intelligent are always open to new ideas; in fact they look for them.
• Fools think they need no advice, but ‘the wise’ listen to others.
Todd does not claim to be a political expert; he’s simply a successful entrepreneur who built his business on solid principles. To view the full article “20 Phrases of Wisdom,” please see http://tradingconceptsinc.com/4400/20-phrases-wisdom-all-applicable-trading-investing/.
To view the ABC article "Keep Your Coverage under Obamacare: Fact or Fantasy," please see http://abcnews.go.com/blogs/politics/2013/10/keep-your-coverage-under-obamacare-fact-or-fantasy/.
To view the complete press release, please see http://www.prweb.com/releases/Trading-concepts/healthcare/prweb11290164.htm