“If you like it, you can keep it”: ObamaCare set to trigger insurance policy cancellations
...In order to work, of course, ObamaCare desperately needs young and healthy people to start paying into the system for an outsized portion of the benefits they’re likely to not use very often — which is precisely why some people with the type of bare-bones insurance that I had are about to get forcibly kicked off of their plans. That kind of thing doesn’t quite jibe with our minimum requirements, you see, says the all-knowing ObamaCare law from on high — but don’t worry, because there will be plenty of available benefits and subsidies to make up the difference, we swear!

Fox News reports on the increasingly apparent scenario many Americans are going to facing in the near future: Pending rules mean that a whole lot of individuals (and some small businesses) with personal insurance plans could be receiving cancellation notices as early as this fall as insurance plans that don’t meet the core requirements are are discontinued...

...So, by “If you like your health care plan, you can keep it,” what Obama really meant to say was, “If we like your health care plan, you can keep it.” As Philip Klein explains at the Washington Examiner, in order for insurers to be able to afford taking on these riskier insurance pools, they are going to be directly relying on luring younger and more profitable people into them...

...That means much of the burden of the law will be on the hipster generation of Americans in their 20s and 30s, who will have to choose between paying a tax or paying for insurance they may not want. …

Under current law, a 25-year-old hipster living in San Francisco’s Mission District could purchase plans for as cheap as $95 per month through the website eHealthInsurance.com.

But according to Covered California, the entity that runs the California exchanges, in 2014, the cheapest qualifying plan in the state will be $162 per month — or nearly 60 percent higher....