“As opposed to the millions who lost affordable coverage due to ObamaCare.”
I lost my private plan when the ACA requirements came into effect. The insurance company canceled it and I ended up buying a plan with less coverage for more than double the cost and higher deductibles. Now, my new insurance carrier, Assurant, has announced it is going out of business at the end of the year. It can’t make money under the ACA. Once again I’ll have to shop for a new policy, as well as carrier.
How many people are losing insurance this year due to insurance companies dropping out of the business? How many more companies will drop out during the next 2-3 years leaving their customers hanging?
Interesting the nation is focused on the Confederate flag, Bruce Jenner, and gay marriage when there is a very real health insurance crisis impacting millions of people.
I lost my private plan when the ACA requirements came into effect. The insurance company canceled it and I ended up buying a plan with less coverage for more than double the cost and higher deductibles. Now, my new insurance carrier, Assurant, has announced it is going out of business at the end of the year. It can’t make money under the ACA. Once again I’ll have to shop for a new policy, as well as carrier.
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Some insurance companies are doing extremely well. Especially the ones that do Medicaid HMO type plans. Their stock prices have already gone way up.
Most hospital stocks are doing well, too. Pharmaceutical stocks have been going straight up for a couple of years.