Thousands of consumers insurance cancelled..even though Obama promised..

[paulitician]

Government lied? No way? Can't be.

 

[depotoo]

"If you like your health-care plan, you keep your health-care plan. Nobody is going to force you to leave your health-care plan. If you like your doctor, you keep seeing your doctor. I don't want government bureaucrats meddling in your health care."


Thousands Of Consumers Get Insurance Cancellation Notices Due To Health Law Changes

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..
Florida Blue, for example, is terminating about 300,000 policies, about 80 percent of its individual policies in the state. Kaiser Permanente in California has sent notices to 160,000 people – about half of its individual business in the state. Insurer Highmark in Pittsburgh is dropping about 20 percent of its individual market customers, while Independence Blue Cross, the major insurer in Philadelphia, is dropping about 45 percent.
Thousands Of Consumers Get Insurance Cancellation Notices Due To Health Law Changes - Kaiser Health News

NOW GUESS WHAT YOU Obamacare supporters... millions more now with CANCELLED after Obama Promised will be jamming this stupid health care program TALK about f...k ups!~!!

Thousands?

That many?

Boy oh boy... what will we do?

Florida Blue, is terminating about 300,000 health insurance policies

If truth be known it is adding up to millions. Just these 2 alone mentioned above comes to almost 1/2 a million and they are only 2 of many -

Insurer Highmark in Pittsburgh is dropping about 20 percent of its individual-market customers, and Independence, the major insurer in Philadelphia, is dropping about 45 percent.


Read more at Companies canceling health policies

PBT Insurance, California Farm Bureau Federation, BCBS of Nebraska, all cancelling policies. i could go on and on. Several different companies are pulling out of the individual market, etc.

 

[Edgetho]

as premiums increase and reach mortgage level pay outs watch our economy really go into the pooper.

And people...... You REALLY need to understand something.....

THEY HAVEN'T PAID THE FIRST CLAIM YET!!!!!

Wait until the claims start rolling in. Wait until Loss Ratios hit 150%!!

Wait until the Companies file for 200% Increases.

Many States are "File and Use" States, like Florida.

What that means is that Insurance Companies must file a request for a rate increase with the Insurance Commissioner (they ALWAYS do) but they don't have to wait for his/her approval.... They can start using the rate right away.

Now... I don't know about the ACA or whether that rule has been set aside but I can tell you this..... Insurance Companies aren't in business to lose money by the BILLIONS. I understand that most Insurance Companies are pissed right now. That they're not getting the young people to sign up that the Stuttering Clusterfuck promised but instead are getting the chronically ill and the aged. It's called "Adverse Selection" and Insurance Companies are worried.

They'll bolt and we'll be left with the decision to either abandon the ACA or go to a single-payer program. I'm not going to shed a tear over Insurance Companies losing their shirts. Couldn't happen to a nicer bunch of people AFAIC. And anybody STUPID enough to trust the scum of the Earth (dimocraps) deserves to get clipped.

The whole thing is gonna fail. Big time. And in a Big Way

Which has been the dimocraps plan all along.

The ACA was designed to fail. dimocraps want Single Payer. Which is the first step in forcing socialism on us.

 

[depotoo]

Those who "buy their own insurance" have always realized that their converage is not a sure thing. If companies are terminating them, then it is probably because there are better plans out there. The system is not without flaws, obviously. But it should reduce health insurance costs over the long term.

Desegregation was not painless in the beginning. Can you imagine if the federal government had to forced integration in the south? We would have two seperate cultures and two seperate races inmuchof the country.

I am not dismissing the concerns that many have, but I think the system will improve and costs will be reduced. It will take time.

yet from everything I have heard the new policies they have to get to replace their old, perfectly acceptable to themselves policies, are more expensive. So much for reducing costs.