Millions of policy holders who were repeatedly told by bo they would be able to keep their existing policies were lied too by bo when they discovered they were losing their policies.
Florida, California
Florida’s Blue Cross and Blue Shield, for instance, said about 300,000 members are affected while California’s Blue Shield and Oakland-based*Kaiser Permanente*will withdraw policies for a combined 280,000. Highmark Health Services of Pittsburgh said 40,000 customers will need to find new plans. CareFirst Blue Cross Blue Shield sent notices to more than 70,000 customers in*Maryland,Washington, D.C., and Virginia that their current plans don’t comply with the law.
As many as 80 percent of people who don’t have a company-hosted plan or insurance through the Medicare or Medicaid government programs may have to find new health coverage, said*Robert Laszewski, an insurance-industry consultant in Arlington, Virginia. About 19 million people are included in this market.
Plans bought before March 23, 2010, when the law known as Obamacare was enacted, can stay in effect under a “grandfather” clause if they haven’t changed significantly since then.
In California, the insurance shift affects 2.5 percent of Kaiser Permanente’s members, said Won Ha, a spokesman for the insurer. About 600,000 to 700,000 consumers with individual health plans will be affected, said Peter V. Lee, the director of Covered California, the state’s health insurance exchange. About one-third will receive subsidies or be eligible for Medi-Cal, the state’s health coverage for the poor, he said.
http://mobile.bloomberg.com/news/20...-canceled-in-latest-hurdle-for-obamacare.html
Obamacare Results in Premium Increase in 45 States
Oct. 17, 2013
A comprehensive 50-state study has found that insurance premiums will increase under the first year of Obamacare in 45 of 50 states. This finding flies in the face of President Obama's promise that his health care overhaul would cause premiums "for the typical family" to fall by $2500.
The study,*done by the Heritage Foundation, uses a model to estimate what premium rates have been previously and what the new rates would be, using census data and averages provided by the Department of Health and Human Services. "Individuals in most states will end up spending more on the exchanges," policy analyst Drew Gonshorowski writes. He continues:
Many individuals will experience sticker shock when shopping on the exchanges. It is clear that many policies and cross-subsidization within Obamacare will lead to upward shifts in premiums. These policies include the health insurance tax, essential health benefit and actuarial value regulations, less allowed age variability in premiums, community rating, and guaranteed issue. However, real uncertainty, amidst a rocky start, surrounds what enrollment will look like in the exchanges.
The Heritage authors find that there are only five states in which premiums willdecrease: Colorado, New Jersey, New York, Ohio, and Rhode Island - a result of those states already having "already over-regulated insurance markets that led to sharply higher premiums," Gonshorwoski writes. The model also breaks the premium changes down by demographic. Americans who are shopping for their whole family on the exchanges will see more modest increases, and young Americans will see the most extreme increases. In 11 states, the Heritage study finds, people who are age 27 shopping for an individual policy can expect to see*double*the premiums they would have seen last year.
Here's the full table of*Heritage's findings:
http://m.townhall.com/tipsheet/kevi...lts-in-premium-increase-in-45-states-n1726211
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