Do they not understand it's not that simple? Contracts with providers have already been severed for the canceled policies and replaced with new contracts for the new policies. It would take months to even get the original contracts back in place. To attempt to pass a proposal that says you can keep your canceled insurance is nothing more than a "we tried to do something" feel good measure, in my opinion.
How would this address the problem of people with serious illnesses, or medical conditions, who had their policies cancelled? Do you think the insurance companies are going to want to re-issue prior policies to those people without premium adjustments? The insurance companies will not be able to get the same arrangements with healthcare providers, and they are not going to just eat any cost increases. So any bill to reinstate prior policies would have to include an unlimited guarantee to the insurance companies that the government would make good any losses they incur. Otherwise the insurance companies might not satisfy state requirements for liquidity or capitalization.
If all those whose plans would be cancelled under Obamacare elect to go back to their prior plans, then how do the plans can the exchanges possibly be sustainable? The premium rates for 2014 will prove grossly inadequate, and the proposed premiums for 2015 will simply be unaffordable for the unsubsidized, and the amounts of subsidies authorized will dwarf the revenue generated with the intent to pay for the subsidies.
These proposals are not a "fix" for Obamacare in any sense. They actually increase the negative fiscal impact of Obamacare. Any Republican stupid enough to vote for a bill of this type deserves the scorn voters will have in Nov. 2014 for those who allowed the damage of Obamacare to be increased.