NBC News: Hundreds of Thousands Lose Insurance Due to ObamaCare
NBC News puts the best spin on it they can, but there is no way to hide the fact that hundreds of thousands, likely millions, are now victims of President Obama's broken promise that, "If you like your health insurance, you can keep it." One insurance provider in just one state (Florida) sent out cancellation notices to 300,000 customers.
What this means is that a huge percentage of the 14 million who purchase their health insurance on their own have lost health insurance they were happy with. Now they will be forced onto exchanges that don’t work to purchase insurance that is almost guaranteed to be more expensive. Worse still, their new plan might not allow them to keep their doctor.
If you are wondering why ObamaCare is resulting in people being booted off their health insurance plans, the answer is that ObamaCare mandates the kind of coverage you are now required to purchase. This includes coverage for mental health and substance abuse, maternity care, dental and vision care -- coverage millions neither need nor want. So if you current plan doesn’t meet these ObamaCare basics, it is being canceled and your new plan will mandate you pay for this coverage.
Thousands get health insurance cancellation notices - NBC News.com
Thousands get health insurance cancellation notices
Anna Gorman and Julie Appleby Kaiser Health News
Oct. 18, 2013 at 2:55 PM ET
Health plans are sending hundreds of thousands of cancellation letters to people who buy their own coverage, frustrating some consumers who want to keep what they have and forcing others to buy more costly policies.
The main reason insurers offer is that the policies fall short of what the Affordable Care Act requires starting Jan. 1. Most are ending policies sold after the law passed in March 2010. At least a few are canceling plans sold to people with pre-existing medical conditions.
By all accounts, the new policies will offer consumers better coverage, in some cases, for comparable cost -- especially after the inclusion of federal subsidies for those who qualify. The law requires policies sold in the individual market to cover 10 “essential” benefits, such as prescription drugs, mental health treatment and maternity care. In addition, insurers cannot reject people with medical problems or charge them higher prices. The policies must also cap consumers’ annual expenses at levels lower than many plans sold before the new rules.
But the cancellation notices, which began arriving in August, have shocked many consumers in light of President Barack Obama’s promise that people could keep their plans if they liked them.
“I don’t feel like I need to change, but I have to,” said Jeff Learned, a television editor in Los Angeles, who must find a new plan for his teenage daughter, who has a health condition that has required multiple surgeries
NBC News puts the best spin on it they can, but there is no way to hide the fact that hundreds of thousands, likely millions, are now victims of President Obama's broken promise that, "If you like your health insurance, you can keep it." One insurance provider in just one state (Florida) sent out cancellation notices to 300,000 customers.
What this means is that a huge percentage of the 14 million who purchase their health insurance on their own have lost health insurance they were happy with. Now they will be forced onto exchanges that don’t work to purchase insurance that is almost guaranteed to be more expensive. Worse still, their new plan might not allow them to keep their doctor.
If you are wondering why ObamaCare is resulting in people being booted off their health insurance plans, the answer is that ObamaCare mandates the kind of coverage you are now required to purchase. This includes coverage for mental health and substance abuse, maternity care, dental and vision care -- coverage millions neither need nor want. So if you current plan doesn’t meet these ObamaCare basics, it is being canceled and your new plan will mandate you pay for this coverage.
Thousands get health insurance cancellation notices - NBC News.com
Thousands get health insurance cancellation notices
Anna Gorman and Julie Appleby Kaiser Health News
Oct. 18, 2013 at 2:55 PM ET
Health plans are sending hundreds of thousands of cancellation letters to people who buy their own coverage, frustrating some consumers who want to keep what they have and forcing others to buy more costly policies.
The main reason insurers offer is that the policies fall short of what the Affordable Care Act requires starting Jan. 1. Most are ending policies sold after the law passed in March 2010. At least a few are canceling plans sold to people with pre-existing medical conditions.
By all accounts, the new policies will offer consumers better coverage, in some cases, for comparable cost -- especially after the inclusion of federal subsidies for those who qualify. The law requires policies sold in the individual market to cover 10 “essential” benefits, such as prescription drugs, mental health treatment and maternity care. In addition, insurers cannot reject people with medical problems or charge them higher prices. The policies must also cap consumers’ annual expenses at levels lower than many plans sold before the new rules.
But the cancellation notices, which began arriving in August, have shocked many consumers in light of President Barack Obama’s promise that people could keep their plans if they liked them.
“I don’t feel like I need to change, but I have to,” said Jeff Learned, a television editor in Los Angeles, who must find a new plan for his teenage daughter, who has a health condition that has required multiple surgeries
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