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Posted on 05/30/2013 7:04:28 AM PDT by lowbridge
New health insurance rules under ObamaCare could lead to a host of personal insurance plans being canceled as early as this fall, a scenario expected to cause consumer confusion.
Under the federal overhaul, those policies that cannot meet new insurance plan standards may be discontinued. This means individuals, and some small businesses, that rely on those plans will have to find new ones.
The goal is to ensure that most insurance policies offer a basic set of coverage, as part of the Obama administration's plan to cover most of the nation's 50 million uninsured.
Yet it also seems to run afoul of one of the president's best-known promises on the law: "If you like your health care plan, you'll be able to keep your health care plan."
In fact, state insurance commissioners largely are giving insurers the option of canceling existing plans or changing them to comply with new federal requirements. Large employer plans that cover most workers and their families are unlikely to be affected.
The National Association of Insurance Commissioners says it is hearing that many carriers will cancel policies and issue new ones because administratively that is easier than changing existing plans.
About 14 million Americans currently purchase their health policies individually, a number expected to more than double eventually because of the new law's subsidies and one-stop insurance markets. But the transition may not be seamless.
(Excerpt) Read more at foxnews.com ...
and then those being put in the worst of circumstances will beg for more. It will be the rally cry. Will Americans finally respond?
and will they soon believe, Conservatives did not lie to them? ... http://www.youtube.com/watch?v=kaqmB5k6N1U
This is what’s unconstitutional. Telling me or anyone else that what I have for insurance is not good enough. Thank you Chief (asshole) Justice Roberts. We are no longer approaching Orwellian Big Brother...he’s already here.
The childish buffoons down at the Socialist Democratik Party sure have opened a 55 gallon drum full of worms with this fiasco. Thanks SCOTUS!!!
“...cause consumer confusion. ...”
Things will not change until we change the word “confusion” to “revolt”.
I agree that CJ Roberts should have stopped this madness in its tracks but it appears he chose to let the whole world see what childish buffoons the democRATs really are.
Unfortunately, the CJ greatly misunderstood the scope of his JOB!
Obamacare fiasco.
“Marquis said she expects the premiums for replacement plans to be similar to current ones, but with better coverage.”
I’m no math genius but how the heck is this possible (rhetorical, I know its not)? Guess it depends on your definition of “similar.”
ObamaCare = Can of worms
we don’t have insurance, we have pre-paid medicine.
we don’t have a free market, we have 3rd party payers.
you’ll have “coverage”. it’ll be a little card in your wallet that says so. “care”, that’s another story.
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