http://www.nbcnews.com/health/thousa...ces-8C11417913Health plans are sending hundreds of thousands of cancellation letters to people who buy their own coverage, frustrating some consumers who want to keep what they have and forcing others to buy more costly policies.
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. Insurer Highmark in Pittsburgh is dropping about 20 percent of its individual market customers, while Independence Blue Cross, the major insurer in Philadelphia, is dropping about 45 percent.
remember this quote "if you like your current insurance plan you can keep your insurance plan"
isn't there laws against selling a product under a false promise? isn't that called false advertisement? are you not allowed to return the product and sue for damages caused by the false promise? America was sold a bill of goods under lies and we should be able to sue for those lies. The ACA should be marked null and void just for being sold on a lie
And by the way this source came from NBC before anyone starts yelling and screaming about a right wing bias source
I have edited the title from thousand to millions after reading this
http://healthpolicyandmarket.blogspo...al-health.htmlThe U.S. individual health insurance market currently totals about 19 million people. Because the Obama administration's regulations on grandfathering existing plans were so stringent about 85% of those, 16 million, are not grandfathered and must comply with Obamacare at their next renewal. The rules are very complex. For example, if you had an individual plan in March of 2010 when the law was passed and you only increased the deductible from $1,000 to $1,500 in the years since, your plan has lost its grandfather status and it will no longer be available to you when it would have renewed in 2014.
These 16 million people are now receiving letters from their carriers saying they are losing their current coverage and must re-enroll in order to avoid a break in coverage and comply with the new health law's benefit mandates––the vast majority by January 1. Most of these will be seeing some pretty big rate increases