Millions are losing health insurance

People that currently have an individual policy may be losing their healthcare. Health plans are cancelling hundreds of thousands of policies because they fall short of what the Affordable Care Act requires, frustrating some consumers who want to keep what they have and forcing others to buy more costly policies.

Remember this from a rally in July 2009, “Let me be exactly clear about what health care reform means to you. 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 Presidents promise is turning out to be wrong for the millions of Americans having their health insurance policies canceled because they don’t meet the requirements of ObamaCare. In fact, the U.S. individual health insurance market currently totals about 19 million people. Because the Obama administration’s regulations on grandfathering plans are so strict about 85% of those, 16 million, are not grandfathered and will lose their current insurance. Most are ending policies sold after the law passed in March 2010.

Cancellation notices began to arrive in August. For example, Florida Blue is killing about 300,000 policies, 80 percent of its individual policies in the state. Kaiser Permanente in California has sent notices to 160,000 people, about of its individual business. Highmark in Pittsburgh is dropping about 20 percent and Independence Blue Cross is dropping about 45 percent in Philadelphia.

Persons with pre-existing conditions are first to lose...

Oh, and you think this being done benevolently because insurance companies are complacent and willing to do whatever Obama says? Both Independence and Highmark are cancelling “guaranteed issue” policies sold to customers with pre-existing medical conditions. Policyholders with regular policies without health problems have the option to extend their coverage next year.

That’s right. They are dumping the high-cost, high-risk individuals onto the exchange.
What about lower costs. Some studies suggest about half of all enrollees will get income-based subsidies, but many more are seeing increased premiums. Blue Shield of California sent 119,000 cancellation notices in mid-September, 60% of its individual business. Spokesman Steve Shivinsky says about two thirds will rate increases in their new policies.

“I will sign a universal health care bill into law by the end of my first term as president that will cover every American and cut the cost of a typical family’s premium by up to $2,500 a year.”  Yeah, right. I have yet to meet that average family and so far people are losing heath care, not gaining it!

It's in the mail...

300,000 to lose health coverage in Florida, 279,000 in California

• Florida Blue – 300,000
• California Kaiser – 160,000
• Pittsburgh Highmark – 20%
• Philadelphia Independence Blue Cross – 45%
• California Aetna – 50,000
• UPS – drops spousal insurance, 15,000

If the people cannot trust their government to do the job for which it exists - to protect them and to promote their common welfare - all else is lost.

Barack Obama, August 2006