Friday, October 01, 2010

More Republican Lies!

In the pages of that purveyor of conservative agitprop known as the ... er ...New York Times...
The Principal Financial Group announced on Thursday that it planned to stop selling health insurance, another sign of upheaval emerging among insurers as the new federal health law starts to take effect.

The company, based in Iowa, provides coverage to about 840,000 people who receive their insurance through an employer.

Principal’s decision closely tracks moves by other insurers that have indicated in recent weeks that they plan to drop out of certain segments of the market, like the business of selling child-only policies. State regulators say some insurance companies are already threatening to leave particular markets because of the new law. And some regulators in states like Maine and Iowa have asked the Obama administration to give insurers more time to comply with some of the new rules.

I know this must be a lie, because President Obama said, over and over again, repeatedly and forcefully, that "if you have insurance you like, you'll be able to keep that insurance."

Well, maybe this isn't a Republican lie. Maybe nobody actually liked their Principal Financial Group insurance...

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