No, it was cancelled because the corporation decided to cancel it instead of modify it.
It's really simple.
My brother had an individual policy from BC. It was fairly minimal, very affordable, covered what he needed (and nothing he didn't need), he has used is a lot in the past ten years including hospitalization.
In order for him to keep that policy no changes of any significance could be made to it and even at that, he would only enjoy that grandfather status for a short period of time. Since obama waved his magic wand, my brother gets to keep his original policy till June at which time it will change to comply with the law. However, his premium has doubled and his deductible nearly doubled because the insurance companies don't base their rates on the waving of magic wands, they were based months and months ago on the (un)aca ... that obama has continuously changed/delayed.
Saying that the insurance companies are the ones responsible for cancelling his (and millions of other) policy(ies) is nothing short of ridiculous. The companies
have no choice but to comply with the law that is the (un)aca, so they complied and by doing so the original policies were effectively cancelled. Again, the insurance companies have to comply with the law so existing policies that do not meet the 'standards' of the (un)aca have no place to go but away. Cancelled. They are no more. They have ceased to be. They are an ex-policy!
Spin it seven ways to Tuesday if you'd like but you are wrong. This isn't on the insurance companies it's on the Ds, obama and the ever pesky (un)aca that you guys love so much. You wanted it, you voted for it, you got it. Suck it up, buttercup.