Serioulsy?
It's about cancellation due to ACA standards.
50 to 75 percent of the 14 million consumers who buy their insurance individually can expect to receive a “cancellation” letter or the equivalent over the next year because their existing policies don’t meet the "standards mandated" by the new health care law.
The law states that policies in effect as of March 23, 2010 will be “grandfathered,” meaning consumers can keep those policies even though they don’t meet requirements of the new health care law. But the Department of Health and Human Services then "wrote regulations that narrowed that provision", by saying that if any part of a policy was significantly changed since that date -- the deductible, co-pay, or benefits, for example -- the policy would not be grandfathered.
…“So it's true that there are existing healthcare plans on the individual market that "don't meet those minimum standards and therefore do not qualify" for the Affordable Care Act.
Couldn’t get past my “excitement”??? Thought you knew me better than that. Guess not.
Hopefully soon you’ll be able to sing the praises of the ACA. Until then…
