Posted on 11/19/2013 6:43:05 AM PST by Armen Hareyan
Thursday's announcement of President Obama's Affordable care act (ACA) giving health insurance carriers the option for consumers to keep their insurance plans that would otherwise be canceled is too little too late, according to industry expert Jeff Cline.
Mr. Cline from 1-800-MEDIGAP states "the consumer is going to feel increased expenses. Insurance carriers don't have to give consumers the same insurance plan back at the same rate.
Mr. Cline goes on to say that many people who had health conditions and were on insurance plans will now have to go through the underwriting process again. Some may not even qualify for the more expensive plan and will be forced to take one of the offerings on the healthcare exchanges.
Overall, it is just another in a line of problems facing the health care exchanges, impacting families and businesses across America.
After more review, Mr. Cline states " Ever wonder why the government spent over $500 million, to create something they could of got for free from many qualified organizations?
I estimate it will cost tax payers billions to keep it running over time, when there are many private sectors that would be glad to cover those costs, and are experts in the vary field," Cline adds.
Will the ACA really do the country any good, or is it going to be the game changer in the history books one day when our children look back and point to where it all went wrong? Too early to tell, but the first signs are very dis-heartening.
On a brighter note, the 14 states that went outside the box and picked options available to the public sector have reported two times the enrollments than the rest of the country. There is something to be said about American know-how and the power of the private sector being able to deliver compared to the government.
The goal was never to reform health care or even health insurance. The goal was to gain more governmental power. Watch very closely, O is looking more and more like Hugo Chavez
But, not to worry, your taxes will go to re-imbursing your former insurance carrier to make up for whatever premiums they lost when they dropped you.
To paraphrase Yakov Smirnoff, "Liberalism! What a concept!"
Progressives say only the ones signing up for free medicaid count, not those who lost their insurance.
They were lifes ‘lottery winners’ and now Obama has made the country more fair by taking it away.
New Numbers: 4.2M Americans Dropped From Health Plans
But no worries, according to the Rats in DC, this only amounts to "some," or "few," or a "sliver" of the population," and those plans were "junk plans" anyway.
Over 4 million have lost insurance since October 1st
Look at the bright side, you’ll be paying more but you’ll now have maternity care and condoms for life.
A cancelled policy is a cancelled policy. I would think they would have to go through the underwriting process again.
If you like you health plan you can keep it: B. Obama
What happens if you enrolled in o care but didn’t really want to and now find out you can keep your old plan..can you get it back and cancel the o care plan? Just wondering....
So, just because Obama waves his hand and says that we can keep our old plans doesn’t mean the insurance companies would have to re-offer them. You may be able to regulate the specifications of a product offered in the marketplace, but you can’t force a company to offer a product that it does not want to. Too much has happened for them to go back. And it is only good for a few months anyway. Furthermore, they will be too busy preparing for the debacle that will be the end of the employer mandate delay to bail Obama out on this one.
Aetna in Virginia has been great to us. Our group plan was axed, (Thanks, Obama, Mark Warner, and other democrats!) so Aetna quickly came up with a comparable alternative that includes the Inova hospital system to get a larger group. We had 48 hours to decide and thankfully, everyone except the four Obamafiles (they’ll have their eyes opened once the website is up and running) voted to go w/this new plan Aetna offered which was actually about $6/mo cheaper for the same coverage.
Perfect summation.
And what business would go through the expense of reintroducing a product that is going to again be illegal in one year.
When Government kills business in the private sector it's killed for good. Obama knows this.
It’s going to need an industry consortium to puzzle out how to deal with the aftermath of Obamacare when it breaks its own back through arrogance.
Technically it’s a new underwriting, however maybe certain old policies can be Rip Van Winkled.
Now that said, why do we necessarily have to be tied to the old insurance policy model. That brought its own evils, though not even close to as evil as Obamacare. It turned US health care into a commodity, when the personal touch does matter with a doctor. Knowing your doctor should be at least as important as knowing a mechanic that is trustworthy. Why not let treatment plans be clinic-centric, an HMO model writ small. That has actually worked, if reports I read are correct. The assurance of having a dedicated doctor or office on call has apparently mitigated most of the problems with hypochondriac patients.
Collapses are dual edged swords.
They COULD open a ground for the social/political weeds of communism and socialism.
But nobody says they HAVE to, leastwise the Lord. If I were a Christian organization that was serious about the gospel I would be thinking “Gospel opportunity like has rarely been seen before.” On the gospel is based ideas of freedom, and on freedom we can have sane social structures.
The insurers are looking more and more complicit in this slimy deal.
If they were “forced” by gubmit to drop policies that were in force and the gubmit reversed the edict, the insurers can surely just cancel the cancel order and let the policies go on, simply a matter of minor paperwork. Any re-underwriting is to simply weed out and increase profitability.
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