Tuesday, October 22, 2013

No, You Can't Keep Your Insurance If You Are Happy With It

The President lied. According to Kaiser Health News:
Florida Blue, for example, is terminating about 300,000 policies, about 80 percent of its individual policies in the state. Kaiser Permanente in California has sent notices to 160,000 people – about half of its individual business in the state...

...Blue Shield of California sent roughly 119,000 cancellation notices out in mid-September, about 60 percent of its individual business.
Why? It will be illegal to offer those plans which people were satisfied with.
“The arithmetic is inescapable,” said Patrick Johnston, chief executive officer of the California Association of Health Plans. Costs must be spread, so while some consumers will see their premiums drop, others will pay more -- “no matter what people in Washington say.”
President Stompy Foot lied, health insurance died.

Labels: , , ,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home