Now the truth comes out: People can’t keep health policies they like
by Don McKee
October 27, 2013 11:19 PM | 1380 views | 10 10 comments | 39 39 recommendations | email to a friend | print
Don McKee
Don McKee
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The bad news about Obamacare’s launch keeps getting worse. Now insurers are canceling hundreds of thousands of policies that do not meet requirements of the “Affordable Care Act.” And that’s just the tip of the Obamaberg.

No doubt, those canceled policyholders recall President Obama’s oft-repeated pledge: “If you like your insurance plan you will keep it. No one will be able to take that away from you.” But the truth is, insurance companies are canceling policies of people who want to keep them.

Florida’s largest carrier, Florida Blue, is terminating about 300,000 policies comprising 80 percent of its individual policies, reports Kaiser Health News (not associated with the insurance company). Kaiser Permanente in California is canceling coverage for 160,000 policyholders. Blue Shield of California is dropping about 119,000 policyholders, or about 60 percent of its individual customers. A Pittsburgh insurer is canceling about 20 percent of its individual policies, while another is canceling about 45 percent.

And the list will grow, because an estimated 14 million Americans buy their own coverage since they are not insured by an employer. The big problem is that the new health law mandates that individual policies cover no less than 10 “essential” benefits ranging from prescription drugs to maternity care for everyone. Plus the “affordable” act requires that policies must limit annual expenses of policyholders to less than what many pre-Obamacare plans provide.

Take the case of Natalie Willes of Los Angeles, who earns her living helping parents train babies to sleep. She told CBS News, “I was completely happy with the insurance I had before.” She had a $1,500 deductible and paid $199 a month. Under Obamacare, she said, “The most similar plan that I would have available to me would be $278 a month. My deductible would be $6,500 dollars and all of my care after that point would only be covered 70 percent.”

 Another example of Obamacare in action: Kris Malean, 56, of the Seattle area. Her $390-a-month policy has a $2,500 deductible and up to $10,000 in potential costs she would have to pay for doctor visits, prescriptions or hospital care, Kaiser Health News reported. The new policy offered by her insurer costs $469 a month with a $5,000 deductible and caps her potential out-of-pocket costs at $6,250 a year including the deductible. She said she had thought “there would be a lot more choice, driving some of the rates down.” Likewise for Jeff Learned, a Los Angeles television editor. He told Kaiser Health, “I don’t feel like I need to change but I have to.”

The reality is: You can’t keep your plan if it’s not Obamacare-compliant. It comes down to doing the math, says Patrick Johnson, CEO of California Association of Health Plans. The costs of insuring everybody will have to be spread out, he said. That means some consumers will pay less but others will have to pay more — “no matter what people in Washington say.”

Just wait for the rest of the Obamaberg to emerge.

dmckee9613@aol.com

Comments
(10)
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Old timed
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October 29, 2013
$my care costs more and pays less....
Guido Sarducci
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October 29, 2013
Foley, you need to check your facts before you run off at the mouth. If the people have to have subsidies to make their outlay equal to or less than what they are now paying, then the cost of the coverage is going up. The reason it is going up is that the idiots in Washington devised a "one size fits all" set of guidelines for what the policy MUST cover.

Ergo, a nun must have maternity beenfits, as must a gay married couple and a couple who are well beyond child bearing years.

You must be one of about a dozen OAKs left in this country who do not recognize that this law is a disaster and that fixing the computer system is not going to fix the broken and failed law.
Kevin Foley
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October 28, 2013
Don, the policies are being replaced with BETTER coverage:

Patrick Geraghty, the CEO of insurance company Florida Blue..appeared on NBC's Meet the Press and explained to host David Gregory that the 300,000 who had been contacted by the company about their insurance coverage were not being cut: "What we've been doing is informing folks that their plan doesn't meet the test of the essential health benefits; therefore, they have a choice of many options that we make available through the exchange. And, in fact, with subsidy, many people will be getting better plans at a lesser cost. This really is a transition. In fact, the 300,000 figure is the entire year. So it's really 40,000 people for January 1, and we're walking them through that transition."
Jim Jones
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October 29, 2013
Huh? Not mine. More cost and less coverage. Where are this mystical plans?!?!
Web site now works
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October 29, 2013
Thanks Jim for confirming the web site is working. I think my cost will rise but it is still accepible to me as the coverage is much better with no way they can cancel if I get sick.
CobbCoGuy
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October 29, 2013
"BETTER" coverage, according to KF. And that sums up progressive thinking. It goes like this:

You, peasant, are too stupid to select what insurance is best for you. You are not sophisticated enough to make these decisions for yourself.

Instead, we, The Gubmint, will make that decision on your behalf, peasant. We, The Gubmint, knows what is best for you, peasant.
CobbCoGuy
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October 29, 2013
The video is out there, folks. KF is being selective. Watch the entire interview (Gregory and Geraghty) then come back and see if you can put a smiley face on KF's comment.
Retiree1
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October 29, 2013
Dear Mr. Foley: a Cobb friend of mine, in her early 50s,had catastrophic only coverage for herself and her husband. They own their own business, with no employees. They work about 80 hours a week each. Their coverage was $201 per month with a high deductible. Their insurance co. informed them early this month that their coverage will now be $721 per month--their house payment!! They don't qualify for subsidies--they are hard working middle-class Americans getting screwed royally by Obamacare. They will have to go without coverage starting in January. This is so disgusting, especially since these exact scenarios were predicted and expected but the Obama admin. simply lied.
CobbCoGuy
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October 29, 2013
"If you like your plan, you can keep your plan."

For $100, who made this statement...........over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over and over......
old timer
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October 30, 2013
mine costs more...pays out less
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