Health Insurance Carriers Canceling Plans
As waves of cancellation notices settle into mailboxes around the nation, President Obama comes face-to-face with the words he spoke many times over on the campaign trail: “If you like your health plan, you can keep it.” That’s not exactly the case, as millions of the 14 million people who buy individual policies are finding out. While running for re-election last year, the President repeated the mantra that no one would be forced out of a health plan.
According the National Association of Insurance Commissioners, many carriers have been planning all along to cancel old policies and write new ones. Mandates required by the new laws make it easier administratively to approach the issue that way.
Administration official still maintain that those who get cancellations will be able to find better replacement plans at less cost, though that reassurance does little to calm the fears for anyone who finds themselves suddenly uninsured. Worse for the president, this latest debacle, coming so soon on the heels of a glitch-ridden health care website rollout, is another stab at chief executive credibility.
Republicans and Democrats alike spent the day rolling out examples of constituent representing both sides of the argument. In the meantime, it’s certain that the public debate on the health care insurance issue will not be concluded for some time. (Derek Dowell – VNN) (Image: Flickr | zennie62)