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Health insurance cancellation notices soar above Obamacare enrollment rates

Dr-Obama1

Health insurance cancellation notices soar above Obamacare enrollment rates
Katie McHugh

Hundreds of thousands of Americans who purchase their own health insurance have received cancellation notices since August because the plans do not meet Obamacare’s requirements.

The number of cancellation notices greatly exceed the number of Obamacare enrollees.

Insurance carrier Florida Blue sent out 300,000 cancellation notices, or 80 percent of the entire state’s individual coverage policies, Kaiser Health News reports. California’s Kaiser Permanente canceled 160,000 plans — half of its insurance plans in the state — while Blue Shield of California sent 119,000 notices in mid-September alone.

Two major insurance carriers in Pennsylvania, Insurance Highmark in Pittsburgh and Independence Blue Cross in Philadelphia plan to cancel 20 percent and 45 percent of their total plans, respectively.

Nearly 800,000 New Jersey residents’ health-care plans will not longer exist in 2014, forcing insurers to create new ones for individuals and small business owners that hew to the Obamacare’s new regulations, The New Jersey Star Ledger found in early October.

Read more: https://dailycaller.com/2013/10/24/health-insurance-cancellation-notices-soar-above-obamacare-enrollment-rates/#ixzz2iigdHvjX

One thought on “Health insurance cancellation notices soar above Obamacare enrollment rates

  1. Obama: “Since we can’t blame Bush for people being unable to sign-up for Obamacare on the internet, can we blame Al Gore — he claims he invented the internet so clearly it is his fault. See, problem solved. Do I have to think of everything around here?”

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