Spoonman
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- Jul 15, 2010
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The Tea Party was right
Fla. Blue dropping 300,000 policyholders - Yahoo Finance
..Fla. Blue dropping 300,000 policyholders
Fla. dropping 300,000 policyholders whose policies aren't comprehensive enough
JACKSONVILLE, Fla. (AP) -- Florida Blue is dropping 300,000 customers whose policies the health insurer says aren't sufficiently comprehensive under the health care overhaul.
The Jacksonville-based insurance company said Thursday that the 300,000 policyholders have plans that don't include all of the 10 categories of benefits required under the Affordable Care Act.
Florida Blue says the affected policyholders can upgrade to a plan with more comprehensive benefits. Others may choose to go with another insurer.
Florida Blue says those policyholders should contact the company to review their options.
Gov. Rick Scott, though, says Florida Blue's actions show that not everyone is able to keep their plans as promised by President Obama under the overhaul.
Court could block Obamacare subsidies in 34 states - Diana Furchtgott-Roth - MarketWatch
Court could block Obamacare subsidies in 34 states
By Diana Furchtgott-Roth
The administration is interpreting the Affordable Care Act in extraordinary ways, and the courts are beginning to take note.
On Tuesday Judge Paul Friedman of the U.S. District Court for the District of Columbia said he would rule on whether people who sign up for health insurance on federal exchanges in 34 states can get subsidies.
Click to Play 'Obamacare' sign-up deadline extended to March 31Americans wont face a health-insurance penalty so long as they sign up for coverage by March 31, 2014, the Obama administration said late Wednesday, offering what amounted to a six-week extension on the deadline. Louise Radnofsky reports. Photo: Getty Images.
Under the Affordable Care Act, subsidies are only available for state exchanges. But through regulation the Internal Revenue Service has extended subsidies to federal exchanges too.
Separately, the White House signaled on Wednesday that it is postponing for a few months the penalties for people who do not sign up for health insurance even though earlier this month President Barack Obama attacked congressional Republicans who sought to postpone penalties for a year. Also see: Obamacare penalties to be delayed.
Fla. Blue dropping 300,000 policyholders - Yahoo Finance
..Fla. Blue dropping 300,000 policyholders
Fla. dropping 300,000 policyholders whose policies aren't comprehensive enough
JACKSONVILLE, Fla. (AP) -- Florida Blue is dropping 300,000 customers whose policies the health insurer says aren't sufficiently comprehensive under the health care overhaul.
The Jacksonville-based insurance company said Thursday that the 300,000 policyholders have plans that don't include all of the 10 categories of benefits required under the Affordable Care Act.
Florida Blue says the affected policyholders can upgrade to a plan with more comprehensive benefits. Others may choose to go with another insurer.
Florida Blue says those policyholders should contact the company to review their options.
Gov. Rick Scott, though, says Florida Blue's actions show that not everyone is able to keep their plans as promised by President Obama under the overhaul.
Court could block Obamacare subsidies in 34 states - Diana Furchtgott-Roth - MarketWatch
Court could block Obamacare subsidies in 34 states
By Diana Furchtgott-Roth
The administration is interpreting the Affordable Care Act in extraordinary ways, and the courts are beginning to take note.
On Tuesday Judge Paul Friedman of the U.S. District Court for the District of Columbia said he would rule on whether people who sign up for health insurance on federal exchanges in 34 states can get subsidies.
Click to Play 'Obamacare' sign-up deadline extended to March 31Americans wont face a health-insurance penalty so long as they sign up for coverage by March 31, 2014, the Obama administration said late Wednesday, offering what amounted to a six-week extension on the deadline. Louise Radnofsky reports. Photo: Getty Images.
Under the Affordable Care Act, subsidies are only available for state exchanges. But through regulation the Internal Revenue Service has extended subsidies to federal exchanges too.
Separately, the White House signaled on Wednesday that it is postponing for a few months the penalties for people who do not sign up for health insurance even though earlier this month President Barack Obama attacked congressional Republicans who sought to postpone penalties for a year. Also see: Obamacare penalties to be delayed.