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Kaiser: 1000’s Get Cancelled Due To Obama-Care

From Kaiser Health News:

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

By Anna Gorman and Julie Appleby | Oct 21, 2013

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 cancelling plans sold to people with pre-existing medical conditions…

Lest we forget, the Kaiser Foundation has been, hands down, the foremost cheerleader for Obama-Care all along. And now they tell us the bad news.

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.

Oh, our sides.

“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…

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.

Tough toe nails. Obama is just looking out for all those poor people who don’t have insurance.

Both Independence and Highmark are cancelling so-called “guaranteed issue” policies, which had been sold to customers who had pre-existing medical conditions when they signed up… Consumer advocates say such cancellations raise concerns that companies may be targeting their most costly enrollees…

In fact, this report doesn’t mention it, but all of the states are ending their ‘high risk pools’ come January 1st. And they are going to dump all of their people into Obama-Care. Where is the outrage?

“The arithmetic is inescapable,” said Patrick Johnston, chief executive officer of the California Association of Health Plans. Costs must be spread, so while some consumers will see their premiums drop, others will pay more — “no matter what people in Washington say.” …

And it is even simpler than that. Obama constituents will see their premiums drop. While those who work for a living will see their premiums rise.

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…

We are sick of hearing these ‘anecdotal stories.’ We need some real life numbers.

This article was posted by Steve Gilbert on Wednesday, October 23rd, 2013. Comments are currently closed.

One Response to “Kaiser: 1000’s Get Cancelled Due To Obama-Care”

  1. Herr and Kaiser

    I remember what’s next ..


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