Skip to comments.Latest ObamaCare surprise: Most won't be able to buy health insurance until end of year
Posted on 04/08/2014 6:00:02 PM PDT by Jim Robinson
There is yet another ObamaCare surprise waiting for consumers: from now until the next open enrollment at the end of this year, most people will simply not be able to buy any health insurance at all, even outside the exchanges.
"It's all closed down. You cannot buy a policy that is a qualified policy for the purpose of the ACA (the Affordable Care Act) until next year on January 1," says John DiVito, president of Flexbenefit which has 2,500 brokers.
John Goodman of the National Center for Policy Analysis in Dallas adds, "People are not going to be able to buy individual and family policies, and that's part of ObamaCare. And what makes it so surprising is the whole point of ObamaCare was to encourage people to get insurance, and now the market has been completely closed down for the next seven months."
That means that with few exceptions, tens of millions of people will be locked out of the health insurance market for the rest of this year.
Only about one in four subsidy-eligible people signed up for health insurance," says Robert Laszewski of Health Policy Associates. "That means about 13 million subsidy-eligible people have not yet signed up for health insurance."
Add to that millions more who waited, or thought the policies under ObamaCare were too expensive and decided just to pay the tax penalty.
Although those who failed to buy insurance during the enrollment period could face a government penalty, most will not have to pay that penalty until they do their taxes next year.
In all likelihood," says Laszewski, "we've only signed up somewhere between one in five and one in seven people who were uninsured prior to the start of ObamaCare."
That means millions are left outside the health insurance market...
(Excerpt) Read more at foxnews.com ...
This strikes me as just plain weird. I can understand that companies and the government want stability, so you only get to change your insurance once a year; I can’t understand why it is a new law that you can’t sign on mid-stream if you decide you want insurance.
So what if you missed the date and have to pay the penalty? That shouldn’t prevent you from buying the insurance that is being promoted.
That is true. We are having a heck of a problem with the WA state exchange. (we pay them, they keep threatening to cancel us for non-payment).
So we asked the actual insurance provider if we could pay them directly (and drop our “subsidy”). No. The enrollment period is closed (March 31)
If your policy isn't elegible and you don't sign up with Obomacare, you don't sign up, period.
If you don't sign up before the deadline, you wait till the next elegibility period, period.
it’s the Cancelled Affordable Care Act - CACA for short.
just wait till those who purchased Obama-Care on their credit cards use up their limit.then what?, CANCELLED!
In my view, the biggest failure of Obamacare is that instead of $2500/year savings Zero touted repeatedly by Zero during the campaigns, it is much more expensive without subsidies.
The deductibles are ridiculously high in the limited number of plans available. You do not get a dime form insurance until you have paid the deductible in FULL EVERY YEAR. The middle class is screwed since there are no subsidies for them.
HealthCare from the Department of Motor Vehicles.
What kind of business model has sales people working three months of the year? These agents will have nothing to do for 9 months now ?!
He is wiping out the middle class, no need to buy their votes.
So those cretins who thought they’ll wait until they require healthcare to sign up will be SOOL. “SH** Out of Luck”.
Look at the bright side...8 months to work on the website without those annoying customers....
If the GOP was not IN BED WITH ROMNEY AND HIS DEATHCARE,
it would end ObamaCARE/RomneyCARE.
But the EXEMPT will not.
The GOP WANTS DeathCARE because they are EXEMPT.
The GOP WANTS the borders are open,
al Qaeda is armed, and
Fast&Furious,IRS,NSA and Benghazi covered up.
G.O.P. means (We) GAVE . OBAMA . POWER .
Amazing to me that this is news to people, Maybe I am the only one that realized it, but They called it open enrollment thru March 31... but I thought that’s how group insurance worked, you could only enroll during an open enrollment time period. But that’s how one of my past job provided policies worked, it was one that did not ask any questions about pre-existing conditions... (which we were told that kind of policy did not exist) it did not matter when you got hired during the year, you had to wait til January to get into the insurance plan, during the open enrollment timeframe.
What about people who lose insurance between now and then?
Fortunately, there are alternative to Obamacare that are still open.
Alternatives to Obamacare
There’s a glaring mistake in the article. The fine is $95 or 1% of income, whichever is higher. Anyone who doesn’t buy Obamacare qualified insurance has just had a 1% tax increase imposed on him.
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