According to insurance experts, over 16 million Americans will, many already.

You may remember in 2009 Obama's big promise about his healthcare plan:

“Let me be exactly clear about what health care reform means to you. First of all, if you’ve got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan.  Nobody is talking about taking that away from you.” (New Jersey, July 2009).

That should be called The Big Lie.  While the government didn't physically remove your healthcare plan, they did create an environment where millions are losing their plans, because the health care coverage doesn't meet the terms of the Affordable Care Act.

The Weekly Standard reported Wednesday a shocking list of health insurance companies who are cancelling policies for not meeting Obamacare terms:

  • Florida Blue, 300,000 cancelled- 80% of policies
  • Kaiser Permanente of California, 160,000 cancelled
  • Highmark of Pittsburgh, 20% of policies cancelled
  • Blue Shield of CA, 119,000 cancelled

These are just a few of the latest in almost weekly announcements of discontinued policies.

While many families are being hit,  the hardest blows will come on the individual policy market.   Of the estimated 19 million Americans with an individual policy, at least 16 million are going to lose it.   According to the website Health and Policy Market:

The U.S. individual health insurance market currently totals about 19 million people. Because the Obama administration's regulations on grandfathering existing plans were so stringent about 85% of those, 16 million, are not grandfathered and must comply with Obamacare at their next renewal.

As far back as July 2009, respected ABC reporter Jake Tapper questioned Obama's continued hammering of the 'you can keep your healthcare' pledge.  Tapper suggested, accurately, that the government (Obamacare) could create a situation where your policy was no longer valid, thereby forcing people to re-enroll in government exchanges to get healthcare.

Not only are millions losing their plans, but many others are seeing premiums and deductibles jump to levels they cannot afford.   The Weekly Standard reminds everyone during 2009 and 2010, Obama and the Democrats promised prices would go down for everyone.