16 million will be receiving letters to renew by 1/1/14 or lose coverage-most paying higher rates-bama lied again! Loony lefties couldn't leave well enough alone.
While the Affordable Care Act was making its way through Congress in 2009 and 2010, President Obama famously promised the American people over and over again that if you like your health plan, you can keep it.
“Let me be exactly clear about what health care reform means to you,” Obama said at one rally in July 2009. “First of all, if you’ve got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan. Nobody is talking about taking that away from you.”
But the president's promise is turning out to be false for millions of Americans who have had their health insurance policies canceled because they don't meet the requirements of the Affordable Care Act.
According to health policy expert Bob Laszewski, roughly 16 million Americans will lose their current plans because of Obamacare:
The U.S. individual health insurance market currently totals about 19 million people. Because the Obama administration's regulations on grandfathering existing plans were so stringent about 85% of those, 16 million, are not grandfathered and must comply with Obamacare at their next renewal. The rules are very complex. For example, if you had an individual plan in March of 2010 when the law was passed and you only increased the deductible from $1,000 to $1,500 in the years since, your plan has lost its grandfather status and it will no longer be available to you when it would have renewed in 2014.
These 16 million people are now receiving letters from their carriers saying they are losing their current coverage and must re-enroll in order to avoid a break in coverage and comply with the new health law's benefit mandates––the vast majority by January 1. Most of these will be seeing some pretty big rate increases.
Kaiser Health News called up a few insurers around the country and found that hundreds of thousands of Americans have already received cancellation notices.
"[T]he 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," according to Kaiser Health News reporters Anna Gorman and Julie Appleby.
"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," Kaiser reports. "Blue Shield of California sent roughly 119,000 cancellation notices out in mid-September, about 60 percent of its individual business. About two-thirds of those policyholders will see rate increases in their new policies, said spokesman Steve Shivinsky."
President Obama and top Democrats promised that costs would go down for everyone.
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Interesting... I live in a lower income area and several people have loudly stated that their costs are going down or they're getting coverage they couldn't have afforded at all in the past. One was on a cobra plan and getting in the ACA (Affordable Care Act, NOT Obama Care) saved her $269.00 a month. Most of those saying "I don't WANT health Insurance" are those that COULD get free coverage via a form of Medicaid, but would rather run to the ER and just not worry. People need to read what's really IN the plan and THEN make their opinions known. Not by just listening to someone that SAYS, because they don't like Obama Care. Using Florida as an example does not fly at all...
Dan: Read over 2,000 pages? Well, maybe I will when I have the time.
Ann Oying: I think that people have tried to "revolt" in small ways: the Trucker's Strike, the Veterans, other protests, etc. BUT WHAT CAN WE DO?
only the americans can make a stand regarding this and if its not transparent which most policies aren't then they wont.
Good luck! Australian supporter.xxx
Suzexx
Suzie: If we all refused to pay, what would they do then?
Just another big government MESS. So the SNAKE has "promised". SO WHAT.
blame the republicans-blame bush too
I would blame entire DC political establishment for this mess, not just lefty loonies, as some are accustomed to call them and righty rednecks.......................
still losing their current coverage and will pay THE INSURANCE companies more money in premiums because of the liars 'affordable health care' disaster