Colo.’s canceled health insurance count tops 200K – The Denver Post.
More than 200,000 Coloradans are losing their health insurance because of the federal overhaul, the state Division of Insurance reported Thursday in a count of lives on health plans canceled by 23 carriers in the wake of new requirements.
The Division announced Wednesday that 106,083 people are on plans in the individual market that are getting canceled for reasons connected to the federal law.
Another 143,116 people are on canceled plans in the small-group market. They’re being directed to shop for new health insurance on Connect For Health Colorado, the state-run insurance marketplace.
It would be nice if a reporter would narrow down which companies are cancelling policies effective 12/31/2013. Anthem is mentioned, howver they are offering the option for their individual policy holder to extend their plans through 12/1/2014 whereas Rocky Mountain and at least some Kaiser individual plans are being cancelled as of 12/31/2013.
Oh but don’t worry, you can keep your plan.
What Happens if Young People Don’t Sign Up for ObamaCare? | Fox Business.
Herrick says insurers wanted to have the average age of enrollees around 40-41 years old, but in states like Kentucky, the average age is trending a decade higher, the WSJ reports.
“If the average age of enrollees is a decade older, and the health status is worse than expected, that will cause premiums to skyrocket,” he says.
Can Obama inspire the young invincibles? Color me doubtful.
Don’t believe your ears – Obama denies videotaped “you can keep it” promises | The Daily Caller.
President Barack Obama told his enthusiastic supporters Monday night that he never promised what video recordings show him promising at least 29 times.
I guarantee you that in six months I will either be divorced or I will have a full-time job
via The Hidden Marriage Penalty in Obamacare – NationalJournal.com.
I wrote a significant post that got lost for unexplained reaons. Oh well.
For consumers whose health premiums will go up under new law, sticker shock leads to anger – The Washington Post.
Americans who face higher insurance costs under President Obama’s health-care law are angrily complaining about “sticker shock,” threatening to become a new political force opposing the law even as the White House struggles to convince other consumers that they will benefit from it.
The growing backlash involves people whose plans are being discontinued because the policies don’t meet the law’s more-stringent standards. They’re finding that many alternative policies come with higher premiums and deductibles.
After receiving a letter from her insurer that her plan was being discontinued, Deborah Persico, a 58-year-old lawyer in the District, found a comparable plan on the city’s new health insurance exchange. But her monthly premium, now $297, would be $165 higher, and her maximum out-of-pocket costs would double.
Her “junk” policy was terminated. Are the 10 essential health benefits worth it?
If the press had done their job, there would be no surprise now.