Posted on 02/06/2014 9:16:59 PM PST by Nachum
This is either a glaring admission of defeat from the White House or no, thats really all it could be.
After weeks of defending the cancellation of health plans insurers discontinued in 2013 in order to comply with the Affordable Care Acts coverage mandates, the White House announced in November of last year that it was urging insurers to reinstate those plans. The catch was, of course, that most insurers would be unable to turn on a dime and reinstate those plans. Furthermore, the administration allowed individual states leeway to determine whether or not they would even allow insurers to reinstate those cancelled plans.
President Barack Obamas maneuver was more of a political solution than a policy fix, and a temporary one at that. But that appears to be changing.
Avalere Health CEO Dan Mendelson said Thursday that the administration may let policyholders keep that coverage for an additional three years, the AP reported on Thursday.
While Mendelson apparently stressed that no decision has been made and that this suggestion arose as the result of informal discussions with the administration, this is merely the latest float that should terrify insurers who are increasingly on the hook for the added costs associated with covering the sick and infirmed without being able to compensate for those losses with additional revenues from the healthy.
(Excerpt) Read more at mediaite.com ...
Obama is LAW-LESS because Republican “leaders” are BALL -LESS!!!!
You are correct.
They want to push this past the elections...
-—— the administration allowed individual states leeway -——
Actually, the President was powerless to go around the States to force the issue
I would argue it is the panic of a condemned man viewing his gallows being erected outside his cell window
And by whose authority, Sheila Jackson Lee?
Luckily I got good advice and waited until the last minute.
My provider offered the 3 month extension, and I took it.
The rates remained the same for these three months, but even if somehow they decide to keep offering my existing plan for another 3 years how much will the premiums go up (or down haha yeah right) and when? When the 3 months are up? When this year is up? Does anyone at my insurance company have any idea how to handle this?
There’s going to have to be a radical change in my policy price. I know that a TON of people have exited my plan’s risk pool by either staying dropped out when the initial cancellations happened, going medicaid out of desperation or getting a plan through the obamacare exchange. Many, many people must have made other arrangements before that 11th hour deal gave us the 3 month extension.
How the heck is my insurance company even going to be able to figure out what I need to be paying with that much disruption to the base of people paying in my pool?
Sure, MAYBE the dictator prez can tell my insurance company to keep offering my plan but at what PRICE TAG and WHEN will I know?
I can’t keep doing this. The uncertainty is too much. A little one way or the other is the difference between my being able to buy insurance and not. And the bronze plan does me no good since the deductible is the same as having no insurance (unpayable).
My level of “fed up” is reaching the top of the scale. The gov doesn’t realize that I can’t keep playing the game and keep dealing with my life and job. It’s pointless to contine to stress and spend hour after hour looking for a solution that I can afford when it is perfectly clear that no available choice is doable. What is it that they expect an average working joe to do? There has to be an END to this process. If the end is that health insurance doesn’t exist anymore, the sooner we get there the sooner we can have the public debate about where to go from here.
If in the end I get forced to pay for a bronze plan that I can’t ever use, that’s just another tax I can’t afford. So instead of putting away the money I’m spending now for insurance as a personal health emergency fund I’ll have to give it to a bronze plan with deductibles I can’t pay... leaving me broke and unable to handle a medical emergency.
One thing is obvious. Right now “here” is “nowhere” for the individual payer like me.
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