100 Million Cancellations Coming?
A new and independent analysis of ObamaCare warns of a ticking time bomb, predicting a second wave of 50 million to 100 million insurance policy cancellations next fall — right before the mid-term elections.
The next round of cancellations and premium hikes is expected to hit employees, particularly of small businesses. While the administration has tried to downplay the cancellation notices hitting policyholders on the individual market by noting they represent a relatively small fraction of the population, the swath of people who will be affected by the shake-up in employer-sponsored coverage will be much broader. (Fox News)
No big deal. They have the ObamaCare exchange to go to! I hear it’s great.
Oh, it’s going so well
The premium hikes have already started. Groups which had younger employees, mostly males, in safe occupations and getting wellness discounts are seeing higher premiums right now.
I do not quite buy the idea of mass cancellations though. Most group plans already have maternity benefits and some form of guaranteed issue. I would think they could add some of the other ACA mandates at a small extra cost.
However I never underestimate the stupidity of the ACA rule makers. Maybe they will make insurers cancel plans that are pretty compliant right now.
It seems everyone has. The majority seems to be in disbelief
“second wave of 50 million to 100 million insurance policy cancellations next fall”
“Hold onto your butts”-Ray Arnold
Who knew Jurassic park could be so useful
It’s definitely going to be a wild ride
It’s sad that there’s no easy road in sight. It’s only going to get worse from here.
“While the administration has tried to downplay the cancellation notices hitting policyholders on the individual market by noting they represent a relatively small fraction of the population, the swath of people who will be affected by the shake-up in employer-sponsored coverage will be much broader.”
Maybe if we turn our backs long enough, they won’t notice!
Thats their hope, they’re just trying to turn their backs to the truth.
All while disregarding the american people