CBS reporting now more than 2 million losing policies due to Obamacare... (Barack Obama, leader)
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Because the minimum requirements, like no arbitrary cancellation, seem reasonable to me. Do you think insurance companies should be able to cancel your insurance because it rained on Sunday? That's an arbitrary reason. Or because you had a hamburger last Wednesday? That's an arbitrary reason. Or because your credit score fell below 730? That's an arbitrary reason. Or because you got a flu shot? That's an arbitrary reason.
I don't know, I'm only quoting what you provided in a link. Why not tell us, you said they were exempt from many of the ACA mandates....did you not?
Quote:
Originally Posted by DC at the Ridge
And the grandfathered policies are EXEMPT from many of the ACA mandates.
What are these mandates you speak of?
Which ones must the still provide, which ones can they waive? Do tell....
Obamacare forces them to drop many of their plans that don't meet the law's 10 minimum standards, including maternity care, emergency visits, mental health treatment and even pediatric dental care.
That means consumers have to sign on to new plans even if they don't want or need the more generous coverage. Industry experts say about half the people getting the letters will pay more -- and half will pay less, thanks to taxpayer subsidies. Levitt said, "The winners outnumber the losers here, but because of all the website problems, it's hard to find out who the winners are because they don't even know it themselves."
And why would someone with no kids but still sane need all that?
I don't know, I'm only quoting what you provided in a link. Why not tell us, you said they were exempt from many of the ACA mandates....did you not? What are these mandates you speak of?
Which ones must the still provide, which ones can they waive? Do tell....
It's in the link.
They cannot have lifetime limits.
They cannot cancel your coverage arbitrarily.
They have to make coverage available if you want it for your children up to 26 years of age.
They have to provide you with a summary of coverage.
Obamacare forces them to drop many of their plans that don't meet the law's 10 minimum standards, including maternity care, emergency visits, mental health treatment and even pediatric dental care.
That means consumers have to sign on to new plans even if they don't want or need the more generous coverage. Industry experts say about half the people getting the letters will pay more -- and half will pay less, thanks to taxpayer subsidies. Levitt said, "The winners outnumber the losers here, but because of all the website problems, it's hard to find out who the winners are because they don't even know it themselves."
No, the ACA allows them to grandfather these plans in.
And the grandfathered policies are EXEMPT from many of the ACA mandates.
They aren't exempt from mandated coverage of adult children up to age 26, the ban on lifetime benefit limits, and having a waiting period of more than 90 days. There may be other mandates that apply. 'Grandfathered' plans also are covered by a bunch of prohibited practices that will cause them to lose grandfather status.You might like the mandates, but the deck is stacked against gfathered plans.
And the grandfathered policies are EXEMPT from many of the ACA mandates.
AGAIN... All health plans must:
•End lifetime limits on coverage
•End arbitrary cancellations of health coverage
•Cover adult children up to age 26
•Provide a Summary of Benefits and Coverage (SBC), a short, easy-to-understand summary of what a plan covers and costs
•Hold insurance companies accountable to spend your premiums on health care, not administrative costs and bonuses
Right from the healthcare.gov website, and there arent that many policies created prior to 2010 which allowed adult children up to 26 on their policies, which means EVERYTHING BEFORE IT, needs CANCELLED..
Actually, it explicitly states that grandfathered policies would be EXEMPT from many of the ACA requirements.
So what exactly are you defending? That grandfathered policies are being cancelled, or that people with cancelled grandfather policies are more likely to pay higher premiums with higher deductibles? How are either of those defensible scenarios considering the promises this President made? I'm not really sure what you're arguing, but it sure seems like you applaud the upheaval in people's personal and financial lives for no other reason than to high-five this Administration.
So what exactly are you defending? That grandfathered policies are being cancelled, or that people with cancelled grandfather policies are more likely to pay higher premiums with higher deductibles? How are either of those defensible scenarios considering the promises this President made? I'm not really sure what you're arguing, but it sure seems like you applaud the upheaval in people's personal and financial lives for no other reason than to high-five this Administration.
I'm arguing that the insurance companies bear some responsibility for people losing their insurance coverage.
I'm arguing that the insurance companies bear some responsibility for people losing their insurance coverage.
None of this would have ever happened if the ACA hadn't been passed. Period.
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