My wife just got her cancellation notice (I’m on medicare, she’s younger). That’s the third time one or both of us has been cancelled since Obamacide too effect.
I’m not looking forward to learning the amount of the new premium.
Here in NY State, the “co-op” Health Republic, which received God knows how much to start up in 2013, as announced they will close down Jan. 1
They lost $77 million in 2014 and $54 million in the first 6 months of 2015. NY State had granted them a 20% premium increase for 2016, but even with that, it was determined their losses would increase.
Now their 200,000 members will be screwed even harder by the remaining suppliers on “the exchange.”
Obamacare is basically a fascist system. Players can participate in a government controlled market only if they support all political and policy goals.
Just got mine, also.