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Nearly 1.5 Million Lose Health Insurance Due to ObamaCare

zimmer

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[h=2]By merely adding up recent media reports, the National Center for Public Policy Research discovered that 1.5 million insurance cancellations have already gone out. These cancellations are all due to the ObamaCare mandate...[/h] During his sales job to pass his signature health insurance plan, President Obama repeatedly and without qualification promised the American people that if you liked your insurance plan, you could keep it.

Obama also promised everyone that their premiums would decrease and that he would never raise taxes on the middle class.


Already 1.5 million have had insurance they were happy with stripped from them. If the Congressional Budget Office is correct, this will happen to millions more.


Sunday, the LA Times reported that middle-class Californians face, on average, a 30% rate increase "due to several factors ties to" ObamaCare.

Nearly 1.5 Million Lose Health Insurance Due to ObamaCare

Honest Obama strikes again.

Change You Can Believe In.
 
Honest Obama strikes again.

Change You Can Believe In.

Yea..... It claims that the source for this story and data is "the National Center for Public Policy Research" but you click on it and it goes to "conservativeblog.org" then from there, there is no mention or source for the "National Center for Public Policy Research"...
 
Honest Obama strikes again.

Change You Can Believe In.
I'd be very curious to know why the cancellations were handed out. It's easy to screw your customer and blame Obamacare, but it sure would be nice to know how exactly Obamacare forced the companies to cancel plans. My guess is the companies canceled the plans and are using Obamacare as a scapegoat.

But I'd be willing to listen to whatever the truth is, if only the details were ever reported on this....
 
People who are losing their policies should be able to turn around and buy policies via the exchanges. It is just forced migration via insurers and employers dropping coverage they were not required to have. Still to early to tell what the net will be in terms of coverage. Pretty sure it is looking like the costs are going to be much higher than expected. A word of wisdom for future archeologists who find the DP fossils---don't ever create anything, let alone a national political program, that is totally dependent on 20-somethings participating in order to succeed.
 
Yea..... It claims that the source for this story and data is "the National Center for Public Policy Research" but you click on it and it goes to "conservativeblog.org" then from there, there is no mention or source for the "National Center for Public Policy Research"...

Yea... no. You gotta go all the way to the bottom of the blog. You know where they usually put credits.... See cut and paste citation from blog below:
Posts on this blog may be reproduced provided credit is given and a link to this blog or to the National Center for Public Policy Research is provided.
Copyright National Center for Public Policy Research 501 Capitol Ct NE Washington DC 20002
 
I'd be very curious to know why the cancellations were handed out. It's easy to screw your customer and blame Obamacare, but it sure would be nice to know how exactly Obamacare forced the companies to cancel plans. My guess is the companies canceled the plans and are using Obamacare as a scapegoat.

But I'd be willing to listen to whatever the truth is, if only the details were ever reported on this....

If I were to guess, it is them doing their part to force people into policies that will be subsidized because subsidized policies are either more profitable or because without greater participation in those policies, they will lose money on those who are participating. It is bound to be a marginal calculation--be it cost, revenue or profit--as insurance is all about the math.
 
People who are losing their policies should be able to turn around and buy policies via the exchanges. It is just forced migration via insurers and employers dropping coverage they were not required to have. Still to early to tell what the net will be in terms of coverage. Pretty sure it is looking like the costs are going to be much higher than expected. A word of wisdom for future archeologists who find the DP fossils---don't ever create anything, let alone a national political program, that is totally dependent on 20-somethings participating in order to succeed.

Yeah...of course the other part of that is that it seems that most of those "new signups" are for Medicaid for which no fees are being paid.
 
Yeah...of course the other part of that is that it seems that most of those "new signups" are for Medicaid for which no fees are being paid.

Doesn't medicaid use third-party processing? I think even a lot of the ERISA plans have someone to be the face of the plan (like BCBC or someone else) even if the employer is ultimately the one footing the bill.
 
I'd be very curious to know why the cancellations were handed out. It's easy to screw your customer and blame Obamacare, but it sure would be nice to know how exactly Obamacare forced the companies to cancel plans. My guess is the companies canceled the plans and are using Obamacare as a scapegoat.

But I'd be willing to listen to whatever the truth is, if only the details were ever reported on this....

The truth is that those policies do not meet the minimum standards for policies under obamacare, as most catastrophic policies do not. In addition they do not meet qualifications for "grandfathered" in policies if they had any change within the last two years (for example a deductible change). This was by design, because this is the type of private insurance that young and healthy people buy. It is cheap, and it is designed to cover just the big expenses and accidents. By design those policies had to be a thing of the past so that the insurance companies could sell more comprehensive more expensive policies to young people who will not be likely to use them as a way of covering costs for policies that are not profitable such as the pre-existing condition customers.
 
Doesn't medicaid use third-party processing? I think even a lot of the ERISA plans have someone to be the face of the plan (like BCBC or someone else) even if the employer is ultimately the one footing the bill.

As part of the ACA the states were asked to expand their Medicaid programs. If I remember correctly 29 of them did or are in the process of doing so. I don't know for sure but I believe that Medicaid is wholly state funded (with a reimbursement from the federal).
 
An incompetent, glitch-laden, botched website implementation, people seeing their healthcare costs double or triple, people losing their healthcare plans, etc. are all part of the overall goal of forcing us into their single-payer, "pain to play" system.
 
Honest Obama strikes again.

Change You Can Believe In.

Has it dawned on anybody other than me that these might have been expensive individual policies and now that exchanges will soon allow people to take advantage of group rates, other than employer policies it makes more sense for the insurance carriers to start selling policies only through the exchanges?
 
Has it dawned on anybody other than me that these might have been expensive individual policies and now that exchanges will soon allow people to take advantage of group rates, other than employer policies it makes more sense for the insurance carriers to start selling policies only through the exchanges?

Is that it?
 
If I were to guess, it is them doing their part to force people into policies that will be subsidized because subsidized policies are either more profitable or because without greater participation in those policies, they will lose money on those who are participating. It is bound to be a marginal calculation--be it cost, revenue or profit--as insurance is all about the math.

I do believe you just nailed it.
 
An incompetent, glitch-laden, botched website implementation, people seeing their healthcare costs double or triple, people losing their healthcare plans, etc. are all part of the overall goal of forcing us into their single-payer, "pain to play" system.

While it is true that in theory a streamlined socialist single-payer system would be better (and actually less socialist) than this mongrel atrocity - and better and less socialist than what we already had before the ACA , I just don't see the Unthinking Left as a legion of selfless kamikaze ready to sacrifice their Congress seats and a whole bunch of other cozy offices to make it happen.
 
I'd be very curious to know why the cancellations were handed out. It's easy to screw your customer and blame Obamacare, but it sure would be nice to know how exactly Obamacare forced the companies to cancel plans. My guess is the companies canceled the plans and are using Obamacare as a scapegoat.

But I'd be willing to listen to whatever the truth is, if only the details were ever reported on this....

Its illegal to offer those policies under Obamacare. Continueing to offer those policies, knowing they don't meet the Obamacare standard could be considered fraud.
 
While it is true that in theory a streamlined socialist single-payer system would be better (and actually less socialist) than this mongrel atrocity - and better and less socialist than what we already had before the ACA , I just don't see the Unthinking Left as a legion of selfless kamikaze ready to sacrifice their Congress seats and a whole bunch of other cozy offices to make it happen.
Hmm, well you're premise presumes in the Unthinking Left a semblance of rational thinking and common sense - none of which I've yet found in them in any discernible measure. ;)
 
Is that it?

I honestly don't know. I just think it might make sense now for insurance companies to discontinue offering individual policies outside of a group.
 
Honest Obama strikes again.

Change You Can Believe In.

Yeah, sure. There's another thread where IBM cut benefits and jobs due to Obamacare, never mind the fact that IBM has been doing nothing but slashing benefits and moving jobs overseas for thirty years. And of course companies have been laying off people due to Obamacare since before it was passed. I'm extremely dubious just how many of these jobs lost and policies canceled are actually are because of the PPACA.
 
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