“Two insurance companies have announced that they will no longer offer health care insurance to individuals in California next year. They will sell policies only to group insurance policies. Obama promised this: ‘If you like your health insurance, keep it.’ He and Pelosi forget this: ‘Of course, your existing company may decide not to sell it to you after we’re finished with the health insurance system.’ Nobody says that companies have to sell policies that are money-losers. So, the way for companies to protect themselves against rising claims is to pull out of the market. If other firms think they want the risk, they can keep selling these individual policies.”
http://teapartyeconomist.com/2013/07/05/58000-californians-will-lose-health-care-insurance-in-2014/
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