Thursday, September 18, 2014

Obamacare bulldozes 250,000 health plans in Virginia

Last week roughly 250,000 Virginians began receiving notices that their health insurance was being canceled because it failed to meet all the mandates and other regulatory requirements of Obamacare. They are likely to be just the first in a new wave of Americans who are being thrown off their current insurance plan — even if they like it, to recall President Obama’s now inoperative promise.
...It should be noted that, as with previous cancellations, those Americans who lose their plans because of Obamacare will most likely find new insurance. But a new study from the National Center for Public Policy Research found that, on average, Obamacare plans were worse than the plans they replaced, in terms of both providers covered and cost-sharing.
Read the complete article by Michael Tanner at