Arrival of Obamacare forcing insurers to drop customers with low coverage

Arrival of Obamacare forcing insurers to drop customers with low coverage(cbsnews.com)

2 points by harold 12 years ago | 3 comments

hga 12 years ago |

Where "low" includes "not subsidizing the 50-64 set" if you're younger.

I've seen elsewhere potentially reliable estimates of 16 million policies being canceled out of a total of 18 million (the grandfathering is insanely strict).

itbeho 12 years ago |

“If you like your doctor, you will be able to keep your doctor. Period. If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.” - Barack Obama

hga 12 years ago | |

As Jim Geraghty has been telling us before the 2008 election, "All statements by Barack Obama come with an expiration date. All of them."

This is also happening to the people who use Medicare Advantage, the HMO style alternative to the original Part B coverage, which is good for a variety of people, especially the urban and less healthy. Being terminated with extreme prejudice by 2016 as I recall, getting thoroughly squeezed starting next year with "you're going to have to chose another PCP" notices going out right now.