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View Full Version : Second Wave of Health Care Cancellations On The Way Thanks To ObamacareÖ



Elspeth
04-24-2014, 08:36 PM
http://www.vox.com/2014/4/24/5641356/if-you-like-your-health-plan-you-might-lose-it-again
If you like your health plan, you might lose it. Again.



The Obama administration is quietly trying to stamp out some of the skimpiest health plans, a decision that industry officials say could trigger yet another wave of cancellation notices.

The administration is targeting a type of coverage called fixed benefit or indemnity insurance, which give patients a fixed sum of money whenever they visit the doctor or land in a hospital.

These plans are less expensive than regular medical insurance because they are less robust. And new federal regulations would make it illegal for insurers to sell these plans as stand-alone insurance coverage. Instead, the Obama administration only wants to allow people to buy fixed-benefit plans as supplemental insurance to a more comprehensive medica

Itís worth being clear that even now a fixed-benefit plan doesnít satisfy the individual mandate. The new rule would mainly affect people who had chosen to pay the individual mandate, or who were exempt from the mandate, and who bought a fixed-benefit plan as a stopgap. The Obama administration is saying that they canít do that unless they also buy a more comprehensive plan.

This change has been lauded by consumer advocates, who say the whole point of health reform is ensuring Americans into better health insurance plans. But its been criticized by insurers and some regulators for eliminating a source of coverage for those who canít afford a true medical plan.

RobJohnson
04-27-2014, 10:56 AM
http://www.vox.com/2014/4/24/5641356/if-you-like-your-health-plan-you-might-lose-it-again
If you like your health plan, you might lose it. Again.



The Obama administration is quietly trying to stamp out some of the skimpiest health plans, a decision that industry officials say could trigger yet another wave of cancellation notices.

The administration is targeting a type of coverage called fixed benefit or indemnity insurance, which give patients a fixed sum of money whenever they visit the doctor or land in a hospital.

These plans are less expensive than regular medical insurance because they are less robust. And new federal regulations would make it illegal for insurers to sell these plans as stand-alone insurance coverage. Instead, the Obama administration only wants to allow people to buy fixed-benefit plans as supplemental insurance to a more comprehensive medica

Itís worth being clear that even now a fixed-benefit plan doesnít satisfy the individual mandate. The new rule would mainly affect people who had chosen to pay the individual mandate, or who were exempt from the mandate, and who bought a fixed-benefit plan as a stopgap. The Obama administration is saying that they canít do that unless they also buy a more comprehensive plan.

This change has been lauded by consumer advocates, who say the whole point of health reform is ensuring Americans into better health insurance plans. But its been criticized by insurers and some regulators for eliminating a source of coverage for those who canít afford a true medical plan.


What a mess.

Dori
04-27-2014, 11:05 AM
What a mess.

Obamacare....the never ending law.

Who can keep up with all the changes?

rednation
05-05-2014, 03:09 PM
MORE changes? How does anyone wade through this mess? This is insane. :biggrin-new:

SaintLouieWoman
05-05-2014, 11:30 PM
MORE changes? How does anyone wade through this mess? This is insane. :biggrin-new:

How could we expect anything better? It's government, don't need to say anything else. After selling office equipment to the feds for almost 30 years, I know that most have absolutely no business sense. Government is just a different world, different set of rules. I personally liked the majority of the gov't workers, but still shook my head so many times at what I saw over the years.Frankly, so did they. The good ones were just frustrated with their own system.