Page 16 of the House Of Representatives Healthcare Bill
(A) IN GENERAL.--Except as provided in
12 this paragraph, the individual health insurance
13 issuer offering such coverage does not enroll
14 any individual in such coverage if the first ef15
fective date of coverage is on or after the first
16 day of Y1.
LIMITATION ON CHANGES IN TERMS OR
22 CONDITIONS.--Subject to paragraph (3) and except
23 as required by law, the issuer does not change any
24 of its terms or conditions, including benefits and
25 cost-sharing, from those in effect as of the day be26
fore the first day of Y1.
In English, this means the end of private health insurance coverage. Your private insurance coverage will be grandfathered in as long as there are no changes. The minute any change is made, the company will not be allowed to write a new policy. If a dependent is added, the co-payment is changed, or the premium changes, a new policy cannot be written. President Obama is lying when he says that we will all be able to keep our private insurance (or else he doesn't know what is in the bill). This is not 'fishy information'--it was taken from a downloaded pdf file of the bill!
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