An article in the New York Times discusses the fact there are many states allowing existing private insurance to stand through 2014.
This entire hype by the Right Wing is a NON-ISSUE. The options to keep these substandard policies are allowed in most of the states. It is the insurance companies opting out.
I am sure the federal government would be happy to control and regulate all the wishes and demands of those holding these policies, but, it doesn't run corporate decisions.
This entire emotional upheaval is propaganda by the Right Wing. Everyone needs to be complaining to the insurance companies for dropping the policies when States have permitted them to exist for another year. This really is out of the hands of the federal government. The companies are not interested in keeping these customers even in states where it is allowed.
Published: November 19, 2013
By KATIE THOMAS, SUSANNE CRAIG and KAREN YOURISH
...Many states (click here) with low numbers of such cancellations were those that had let insurers temporarily avoid the law’s requirements by offering early renewal of existing plans. Those renewals allowed people to keep their existing plans though next year. The goal was to smooth the transition for consumers, commissioners in those states said....
...But Florida Blue, the state’s largest insurer, decided to discontinue the plans of about 300,000 people, including 40,000 whose coverage will end by Jan. 1. Now it is working to offer those customers the option of extending their plans for an additional year under Mr. Obama’s proposal, Mr. McCarty said....
These are completely profit driven decisions by the insurance companies. Florida Blue wants their customers on other policies. It is about profits, not customer preference. It would as though smaller insurers are keeping their customers while larger corporations like Florida Blue don't want those customers. Florida Blue has more financial residual to simply drop those customers while they have a significant cash flow. In the case of Florida Blue they were allowed to keep their customers under these policies through 2014, but, didn't care to.
When large corporations decide to purge policy holders of substandard policies according to the law there will be a far larger reaction because there are more numbers of subscribers than with smaller insurers. The unfortunate, but, real problem in Florida may be the monopoly Florida Blue has on the healthcare insurance market. Florida Blue is one of the largest contributors to Governor Scott's campaigns. There is probably something wrong here and it is called competition. I thought Republicans demanded competition, no?
From the same article.
This entire hype by the Right Wing is a NON-ISSUE. The options to keep these substandard policies are allowed in most of the states. It is the insurance companies opting out.
I am sure the federal government would be happy to control and regulate all the wishes and demands of those holding these policies, but, it doesn't run corporate decisions.
This entire emotional upheaval is propaganda by the Right Wing. Everyone needs to be complaining to the insurance companies for dropping the policies when States have permitted them to exist for another year. This really is out of the hands of the federal government. The companies are not interested in keeping these customers even in states where it is allowed.
Published: November 19, 2013By KATIE THOMAS, SUSANNE CRAIG and KAREN YOURISH
...Many states (click here) with low numbers of such cancellations were those that had let insurers temporarily avoid the law’s requirements by offering early renewal of existing plans. Those renewals allowed people to keep their existing plans though next year. The goal was to smooth the transition for consumers, commissioners in those states said....
...But Florida Blue, the state’s largest insurer, decided to discontinue the plans of about 300,000 people, including 40,000 whose coverage will end by Jan. 1. Now it is working to offer those customers the option of extending their plans for an additional year under Mr. Obama’s proposal, Mr. McCarty said....
These are completely profit driven decisions by the insurance companies. Florida Blue wants their customers on other policies. It is about profits, not customer preference. It would as though smaller insurers are keeping their customers while larger corporations like Florida Blue don't want those customers. Florida Blue has more financial residual to simply drop those customers while they have a significant cash flow. In the case of Florida Blue they were allowed to keep their customers under these policies through 2014, but, didn't care to.
When large corporations decide to purge policy holders of substandard policies according to the law there will be a far larger reaction because there are more numbers of subscribers than with smaller insurers. The unfortunate, but, real problem in Florida may be the monopoly Florida Blue has on the healthcare insurance market. Florida Blue is one of the largest contributors to Governor Scott's campaigns. There is probably something wrong here and it is called competition. I thought Republicans demanded competition, no?
From the same article.
...In Kentucky, which has generally embraced the health care law and has said it will carry out Mr. Obama’s proposal concerning canceled policies, regulators have already reviewed rates for insurers that offered renewals of their noncompliant plans. Therefore, they expect the process for state residents whose policies were canceled — about 280,000 of them — to be fairly straightforward.
“All of that regulatory due diligence that we had to do, we’ve already done it,” said Sharon Clark, the state’s insurance commissioner. “I feel for some of my colleagues who are having a much more difficult time than I am.”
It would appear where states have the expertise to apply the law it goes rather well. Kentucky is remarkably happy with the law and the transition. Maybe some states need to outsource their state exchanges to Kentucky. The state insurance commission can run classes and mentoring for the other states for a price.
