The President said: "You can keep your current insurance policy."

[lostincalifornia]

7. problem is the speeches the President was making didn't detail it. What he said was you can keep

your same insurance, and that leaves out a lot, if the current policy does not meet the minimum ACA requirements. In that case your current policy will be cancelled, and a replacement policy provided, which could be at a significantly increased cost for some. In addition, those affected do not see a value added benefit verses the increased cost.

That does not mean I am against the ACA in general, or the many people it is helping, however, if one is an older American, greater than 55, slightly over the income level for a subsidy, they are going to have sticker shock, and are not going to be happy.

For example:

Two people, 55 years old, whose income is 63K a year will not be entitled to a subsidy, and pay 900/month for the bronze plan, which for some, depending where they live is unaffordable. The ACA indicates if the premium of the bronze plan exceeds 8% of their income they can be granted an exception from the mandate. That would mean no insurance, which defeats the original purpose of the ACA for that demographic.