Saturday, November 16, 2013

Chaos ensues after insurance cancellation reversal


(USA Today) David Isenstadt has spent the past six weeks working 12-hour days, seven days a week, trying to reach all of his insurance clients with canceled policies to switch them to new policies. Now this.

President Obama's announcement Thursday that consumers can keep insurance plans that don't meet the Affordable Care Act for a year will only create chaos, insurance brokers, regulators and carriers say.

"To make a possible change like this now will only cause more confusion and compound the problems that the ACA is causing" on Jan. 1, says Isenstadt, who owns New England Insurance Group in Guilford, Conn.

The insurance industry is none too pleased that the onus is now on them to satisfy consumers who are outraged about their policies being canceled. Insurers and insurance commissioners don't have to let people extend their plans, but "it will no longer be implementation of the law that is forcing them to buy a new plan," the White House said in a fact sheet.

The head of the insurance industry's trade group says extensions could lead to higher premiums, just the effect Obama's announcement was intended to prevent.

More...
Do note this part:

"it will no longer be implementation of the law that is forcing them to buy a new plan," the White House said"

Which was the intent of this "fix" — to shift the blame from Obama to the insurance companies. If they can't reverse... in 45 days... what they planned on for 3 years in order to comply with Obamacare... it's now going to be all their fault.

At this point, the bullshit is neck deep.