PostmodernProphet
fully immersed in faith..
Wrong. If you choose to take a policy under the new law, you may. You may also keep the old policy if you so choose. Nobody can sign up for grandfathered policies after the law goes ito effect because they are "grandfathered", that's the meaning of the term. I sold a house in the Keys that was worth more because it fell under a grandfathered 1972 law. A new home may not be built under the old law my house fell under. A new policy may not be written under the old law, that is the limitation. Any policy begun after day 1 of 1st year must fall under the rules of the new law. It makes no reference whatsoever to public or private because there is no relevence to Section 102 and the grandfathering explanation. It is a red herring fished out of context to misinform the uninformed.
sorry, but you are wrong....so, let's say I currently have an XYZ policy from company A....I am grandfathered in....the new law goes into effect and from that day forward every insurance plan must be an ABC policy.....now, I like the XYZ policy better, because I can afford it and it meets my needs...so I stick with company A.....
now, if my company goes out of business, my only choice is an ABC policy, because all the companies that sell XYZ policies are not allowed to sell to me....
or, if I find out my buddy gets his XYZ policy from company B for a hundred a month less than I pay company A, I am not allowed to switch to company B....all I can do is stay with company A or get an ABC policy....
is that free market?.....