JACKSONVILLE, Fla. -Letters sent by health insurance company Florida Blue have some people concerned. The insurance company is dropping over 300,000 people from their coverage.
The insurance company told Channel 4 the coverage is being cut because of the Affordable Care Act.
Florida Blue cutting 300K policies | News - Home
And this is just one state....
Hundreds of thousands of Americans who purchase their own health insurance have received cancellation notices since August because the plans do not meet Obamacare’s requirements.The number of cancellation notices greatly exceed the number of Obamacare enrollees.
Insurance carrier Florida Blue sent out 300,000 cancellation notices, or 80 percent of the entire state’s individual coverage policies, Kaiser Health News reports. California’s Kaiser Permanente canceled 160,000 plans — half of its insurance plans in the state — while Blue Shield of California sent 119,000 notices in mid-September alone.
Two major insurance carriers in Pennsylvania, Insurance Highmark in Pittsburgh and Independence Blue Cross in Philadelphia plan to cancel 20 percent and 45 percent of their total plans, respectively.
Nearly 800,000 New Jersey residents’ health-care plans will not longer exist in 2014, forcing insurers to create new ones for individuals and small business owners that hew to the Obamacare’s new regulations, The New Jersey Star Ledger found in early October.
Read more: Health insurance cancellation notices soar above Obamacare enrollment rates | The Daily Caller
This is a disaster that was predicted, and the cancellations are dwarfing the sign ups....Thanks progressives, you are breaking the system.