Health insurance lost

Millions will lose private insurance due to ACA’s coverage requirements

Millions of Americans will lose—or have already lost—their private health insurance plans due to the Affordable Care Act.

The White House has repeatedly assured the public that people who liked their health plans would be able to keep them, but four sources who helped develop the ACA said 50 to 75 percent of the roughly 14 million people who opted for private insurance will receive cancellation notices over the next year because the plans do not meet coverage requirements under the federal health-reform law, according to NBC News.

White House press secretary Jay Carney said it is “correct that substandard plans … are no longer allowed because the [ACA] is built on the premise that health care is not a privilege, it’s a right and there should be minimum standards for the plans available to Americans across the country.”