Skip to comments.O-Care 'fix' extends to bare-bones plans (I thought these were garbage plans?)
Posted on 12/19/2013 6:02:59 PM PST by Red in Blue PA
The Obama administration is planning to allow individuals whose health insurance was cancelled under ObamaCare to buy catastrophic plans once intended mainly for young people.
Under the plan, individuals who are unable to renew their current health insurance will be able to purchase bare-bones coverage, according to a source connected with the health industry.
Current rules say that to qualify for a catastrophic plan, individuals must be either under 30 or qualify for a "hardship" exemption. The Obama administration's new guidance will argue that individuals whose 2013 plans were canceled and who determine that other options are not affordable should be able to purchase bare-bones coverage.
(Excerpt) Read more at thehill.com ...
The insurance companies have already done all of their number crunching with these plans being illegal - Obama just roasted their actuarial balance.
And he did it by changing the law unilaterally - again.
Instead of 3 plans there are actually 4:
Dirt(as in, that’s what they’ll be shovel(ready job)ing on you.
Can anyone tell me how the government is going to know whether or not you have insurance? Are you supposed to provide proof when you file your tax return? What if you file online? Will the insurance company require your SS number and report it to the government?
There isn’t a single insurance company in America that would walk into this mess. It’s the slowest and most deliberate business base in the nation. If you introduced a new scenario....typically, it’s at least six months of discussion and analysis before a meeting of the executives where they approve or accept the change.
Again, for 500th time, I’ll point out that no one on the Administration staff has ever worked in industry or real business. If they had....they would know the processes that businesses use to be successful. Nothing ever happens overnight.
This costs insurance companies MILLIONS every time he does this.... This will put them out of business.... Which is THE PLAN
Sure it all includes birth control pills, IUDs, mammograms, maternity care, pedicatric vision and dental.....
None of which can my 29 year old single SON use
but even his bare bones plan has to cover all that
I got him the catastrophic only plan, and it is twice the price it was last year, he has never been sick, never filed a claim... THIS IS CRAZY
None of them allow you to go to MD Anderson or mayo Clinic. None of them include MS drugs. Etc etc etc. None of them include any kind of real treatments for actual illnesses
Some companies offer discount plans for people who wish to pre-pay for periodic maintenance; they get the guarantee of having the customer use them instead of someone else, and in exchange they charge the customer less than the normal retail rate. There's nothing inherently wrong with such plans--the only thing that's wrong is pretending they're "insurance".