This is obozo's new idea just announced this morning. He's told the insurance companies not to cancel anyone's plan for the next year!! How can he do this.? First obamacare forced the companies to cancel millions of plans and now obozo tells them to just ignore what the law says.
The insurance companies must be going nuts. The president is telling them to break his own law.
Blame for this mess belongs to many, including Republicans who delayed the implementation of the website by trying to get the ACA repealed over and over again. But here is the dumbest thing of all; as much as people are crying their eyes out that their insurance has been cancelled, hardly any of them have even bothered to check out their state's exchange to actually see what is now available to them. If they had, the majority of them would find that they can now purchase a plan similar to what they had at a very comparable price, or they might even be able to purchase a better plan at a lower price when taking into account the subsidy, if they are eligible. Yes, some people will find that it is going to cost them more, but we are not hearing from any of the people who are going to save money, because they haven't even bothered to look what's available.
I am purchasing a plan that is going to be just a bit cheaper than what I had, but the deductible is going up from $2500 to $5000. This high deductible thing scares a lot of people, but the fact is that most people never would hit a $2500 deductible, so what is the difference if it is $5000. To sweeten the deal, all preventative care is now covered 100%, so out of pocket costs will actually drop for most people. BTW, preventative care covers a lot more than what people think. My old plan already had this and I haven't had to pay for shit this past year, which included a colonoscopy and an upper endoscopy, as well as X-rays. I have some medical issues, and my out of pocket last year was only around $1200. That will drop next year even further.
If people would take the time to look what is out there, a lot will find that they can get some really good deals and probably same themselves some money.