I was curious about a local radio news item here in IN about this BS about
health insurance companies canceling policies because of "Obama Care".Well the right wingers listening were probably absorbing the news and cheering as they heard the script. The girl reading the script was probably having an..well she sounded as if the news was very pleasing... what she failed to mention was these policies did not meet the Federal standard for pre-existing conditions among other things. She also failed to mention that our Tea Bagger governor will not accept federal funding for extending Medicaid or funding for subsidies.
Here is a partial explanation I found on another states (Blue) website. on philly.com
"The reason is mainly that the policies fall short of what the Affordable Care Act requires starting Jan. 1, according to insurers. Most are ending policies sold after the law passed in March 2010. At least a few are canceling plans sold to people with preexisting medical conditions.
"In general, the level of benefits didn't approach the minimums the health law requires," said Paula Sunshine, vice president of marketing at Independence Blue Cross in Philadelphia, explaining why about 24,000 policyholders are being notified of cancellation.
By all accounts, the new policies will offer better coverage, in some cases, for comparable cost - especially after the inclusion of federal subsidies for those who qualify. The law requires policies sold in the individual market to cover 10 "essential" benefits, such as prescription drugs, mental health treatment, and maternity care. In addition, insurers cannot reject people with medical problems or charge them higher prices.
Read more at http://www.philly.com/philly/business/20131021_Companies_canceling_health_policies.html#UttxgKy4sVMzWATT.99
