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ObamaCare Discuss Second wave of health plan cancellations looms at the General Forum; A new and independent analysis of ObamaCare warns of a ticking time bomb, predicting a second wave of 50 million ...

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Old 11-20-2013, 04:50 PM
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Default Second wave of health plan cancellations looms

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A new and independent analysis of ObamaCare warns of a ticking time bomb, predicting a second wave of 50 million to 100 million insurance policy cancellations next fall -- right before the mid-term elections.

The next round of cancellations and premium hikes is expected to hit employees, particularly of small businesses. While the administration has tried to downplay the cancellation notices hitting policyholders on the individual market by noting they represent a relatively small fraction of the population, the swath of people who will be affected by the shakeup in employer-sponsored coverage will be much broader.

An analysis by the American Enterprise Institute, a conservative think tank, shows the administration anticipates half to two-thirds of small businesses would have policies canceled or be compelled to send workers onto the ObamaCare exchanges. They predict up to 100 million small and large business policies could be canceled next year.
Second wave of health plan cancellations looms | Fox News

Gee, imagine that, more people will lose their insurance plans, who'd a thunk it!

I suppose we will have to wait for the next round before people realize what an abortion obamacare is.
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Old 11-21-2013, 07:17 AM
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Default Re: Second wave of health plan cancellations looms

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As reported by AEI's Scott Gottlieb, some businesses got around this by renewing their policies before the end of 2013. But the relief is temporary, and they are expected to have to offer in-compliance plans for 2015. According to Gottlieb, that means beginning in October 2014 the cancellation notices will start to go out.

Then, businesses will have to either find a new plan -- which could be considerably more expensive -- or send workers onto the ObamaCare exchanges.
If you think we have a mess now, wait until these cancellations start pouring in. I'm sure the Democrats who have to run for office in 2014 are looking at this with their sphincter muscles in a ball. I wonder what "fix" Obama will try to come up with for this?
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Old 11-21-2013, 07:21 AM
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Default Re: Second wave of health plan cancellations looms

An analysis by a right wing think tank (oxymoron alert) reported by a right wing site.
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Old 11-21-2013, 07:26 AM
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Default Re: Second wave of health plan cancellations looms

This coming from the same network that predicted Romney was going to win in a landslide...
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Old 11-21-2013, 12:01 PM
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Default Re: Second wave of health plan cancellations looms

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Originally Posted by Mikeyy View Post
An analysis by a right wing think tank (oxymoron alert) reported by a right wing site.
Well it's not like the last predictions of a wave of cancellations didn't come true.
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Old 11-21-2013, 01:49 PM
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Default Re: Second wave of health plan cancellations looms

ObamaCare - Less people insured than before it

Maybe they should keep that fact outta the brochures.
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Old 11-21-2013, 02:04 PM
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Default Re: Second wave of health plan cancellations looms

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Originally Posted by Mikeyy View Post
An analysis by a right wing think tank (oxymoron alert) reported by a right wing site.
Mikeyy this is an update you might like to consider. These bit of news pop up every day.

Quote:
Insurance commissioners raise concerns about healthcare fix with Obama


By Roberta Rampton and Lewis Krauskopf 18 hours ago


View gallery

U.S. President Barack Obama meets with health insurance chief executives at the White House in Washington …


By Roberta Rampton and Lewis Krauskopf


WASHINGTON (Reuters) - State insurance commissioners told President Barack Obama on Wednesday that his effort to stem a wave of insurance cancellations caused by his signature healthcare law could lead to higher premiums.

Obama met with representatives from the National Association of Insurance Commissioners to discuss the "fix" he came up with last week to calm the uproar surrounding millions of cancellation notices sent to holders of individual health insurance policies no longer legal under the healthcare law, known as Obamacare.

While taking responsibility for the troubled rollout of his law and apologizing for the promises he made that were not being kept, Obama sought last week to address the problem of canceled plans by giving insurers the option to extend them By one year, even if they did not meet minimum standards under the law.

The insurance market in the United States is heavily regulated at the state level. While individual state commissioners have no legal obligation to go along with Obama's wishes, the White House move effectively put the onus on them for cancellations caused by the administration's law.

Comments after the meeting reflected continued skepticism by some of the commissioners.

In a statement, the group "stressed their concern that different rules for different policies would be detrimental to the overall insurance marketplace and could result in higher premiums for consumers, without addressing the underlying concern of gaps in coverage."

Since the passage of Obama's Affordable Care Act in 2010, "state regulators have been working to ensure that plans are compliant with the new rules. These proposed changes are creating a level of uncertainty that we must work together to alleviate," Jim Donelon, NAIC president and Louisiana insurance commissioner, said in a statement.

"We share the President's goal of affordable coverage for consumers, and we will work with the insurance companies in our states to implement changes that make sense while following our mandate of consumer protection," he said.

Insurance commissioners from Connecticut and North Carolina also attended the meeting along with Health and Human Services Secretary Kathleen Sebelius, White House domestic policy adviser Cecilia Munoz, healthcare adviser Chris Jennings, and White House counsel Kathryn Ruemmler. The meeting lasted about 50 minutes.

Since the messy rollout of the healthcare law last month, the administration has drawn criticism over its glitch-prone website and the revelation that Obama was wrong to promise that those people who liked their plan would be able to keep it if they wished.

The troubles have sent Obama's job approval rating down to 37 percent, according to the latest CBS News poll.

STATE BY STATE

Several million people stand to have their individual health insurance canceled at some point in 2014 despite a pledge by Obama that those who liked their benefits would be able to keep them under his law.

............................... CONTINUED AT:
Insurance commissioners raise concerns about healthcare fix with Obama
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Old 11-21-2013, 03:15 PM
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Default Re: Second wave of health plan cancellations looms

I don't see the issue Lurpy. Obama has been trying to help people. He gets nothing out of any of this and could have rode through his presidency smoothly by doing nothing. Like I said before about 30 times. I didn't support the ACA but I am not going to trash someone for trying to help those with no insurance or weak healthcare get it. The right seems proud of doing nothing and wants to return to a time where nothing was done. I will support those who try. Sitting on the sidelines and trashing people trying to help folks has never been something I appreciate. Sorry you do.
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Old 11-21-2013, 03:38 PM
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Default Re: Second wave of health plan cancellations looms

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Originally Posted by Mikeyy View Post
I don't see the issue Lurpy. Obama has been trying to help people. He gets nothing out of any of this and could have rode through his presidency smoothly by doing nothing. Like I said before about 30 times. I didn't support the ACA but I am not going to trash someone for trying to help those with no insurance or weak healthcare get it. The right seems proud of doing nothing and wants to return to a time where nothing was done. I will support those who try. Sitting on the sidelines and trashing people trying to help folks has never been something I appreciate. Sorry you do.
I don't really think it's help when someone says "I don't want an aspirin" and you decide to force one down their throat whether they choke or not.

Sorry you do.
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Old 11-21-2013, 03:40 PM
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Default Re: Second wave of health plan cancellations looms

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Originally Posted by Idealogically Promiscuous View Post
I don't really think it's help when someone says "I don't want an aspirin" and you decide to force one down their throat whether they choke or not.

Sorry you do.
I get your view. Heard it already
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