MSNBC: Most of those who lose their insurance will come out AHEAD.
http://www.msnbc.com/msnbc/cut-rate-premiums-cut-rate-careBut as critics excoriate the administration for misleading the public, here’s a point to bear in mind. The affected consumers aren’t getting ripped off. Most will get more for care their money under the new system than they ever could have hoped for under the old.
The Affordable Care Act was designed not just to expand insurance coverage but to protect consumers who buy it. Compared to people who get group coverage through their jobs, folks seeking individual health policies have long had a raw deal. Those with pre-existing health conditions have either been denied coverage or charged prohibitive rates, and those deemed insurable have gotten plans with high deductibles and limited coverage. On average, plans sold on the individual market covered just 60% of their subscribers’ medical costs in 2010, researchers reported in Health Affairs last year, while group plans covered 83%. In addition to other fees and copays, the average individual subscriber paid a $2,858 annual deductible—nearly four times the $751 that group plans charged.
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Goss is a Michigan retail worker who got an inexpensive “mini-med” policy while working at Talbots and kept it going for $65 a month after losing her job. “I was aware that it wasn’t a great plan,” she told Consumer Reports last year, “but I wasn’t concerned because I wasn’t sick.”
When she did get sick—with breast cancer—she quickly surpassed her plan’s four-figure annual spending limits and ended up postponing treatment while she scrounged for $30,000 to cover her bills. As White House spokesman Joshua Earnest says, “Those cheap individual policies seem like a great deal until you actually have to use them.”
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= new reply since forum marked as read
... everyone needs to relax and not buy into the MSM and Republican propaganda. And that is exactly what it is. And boo to the naysayer trolls here on DU and on this thread, in particular.
The people getting cancellation notices are a small 5% who were signed up to the private insurance market. Not group insurance. Not Medicare. All insurance must now provide a certain amount of additional benefits (10 things) to all of those 5% I mentioned up there a minute ago. And the insurance companies now say "No way, Jose, we ain't 'gonna give no more benefits," unless we can raise the rates, so they canceled their clients policies! All insurance policies, come Jan 1, 2014, private or not, must include those 10 additional benefits! Get it? Don't ask me what those 10 benefits are, because I didn't write them down. Go look them up yourself.
When PO was selling the ACA and said if people had insurance, they could keep it, he didn't KNOW the insurance companies were going to pull this trick at the last minute. He didn't lie if he didn't know what they were going to do! It's the old classic Republican trick that he's had to deal with for 5 years come Jan 20th. He has bent over backwards for years trying to make nice with those cretins, and they come right back and bite him on the butt. Same-o-same-o. They never change.
So, relax. Those approx 5% who had their incompetent private ins policiess canceled are going to make out like bandits with much better insurance for their money. 
Insidious, isn't it?
[hr][font color="blue"][center]Treat your body like a machine. Your mind like a castle.[/center][/font][hr]
Really? 
