So you say...
What the Obamacare lovers continue to lie about
- Thread starter Big Money
- Start date
So you say...
Lorca
Don't fence me in
*smirks and imagines patting BM on his addled pate*
You right Sweetie....it should read 2018
also....the union exemptions are about the reinsurance fees....
the President assured America that no one was getting an exemption– not even labor. On Sept. 11, the last day of the AFL-CIO quadrennial convention was held in Los Angeles. Here, prominent labor leaders attacked provisions of the health care law, warning that if left intact they would devastate union-backed health plans that were decades in the making. Terry O’Sullivan, the International Union of North America General President, addressed the convention,“We’ll be damned if we’re going to lose our health care plan because of unintended consequences.”
Unions are in an uproar because the Patient Care Act does not allow them to receive premium tax credits under multiemployer union health plans and forces them to pay the reinsurance tax. In a resolution, labor also demanded that the ACA excise tax, reinsurance tax and other taxes to be nullified for collectively bargained plans, union administered plans and other various plans that cover union-represented workers.
Robert Scardelletti, president of the Transportation Communications International Union/International Association of Machinists (TCU/AIM), estimates that under current ACA rules, his union’s multiemployer health fund will have to pay $27 million in taxes. He’s not happy about it.
At the convention, labor said that if their demands weren’t met, then the Affordable Care Act should be repealed.
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Lorca
Don't fence me in
Lorca
Don't fence me in
*smirks and imagines patting BM on his addled pate*
...........................
About 15 million people purchase health insurance policies on the individual market.
That's about 5 percent of the population. When they do so, they typically purchase a 12-month contract with an insurance company. And when that contract runs out, both the individual and the insurance plan have an escape hatch. The individual can decide to no longer purchase the plan -- and the insurance company can decide to no longer offer the plan.
There are some restrictions on how insurance companies can terminate products. HIPAA, a health law passed in the 1990s, does require that insurance companies offer subscribers the opportunity to renew their policy, so long as they continue to pay monthly premiums. If they want to discontinue a subscriber's policy, the insurance plan must provide 90 days notice and "the option to purchase any other individual health insurance coverage currently being offered by the issuer for individuals in that market."
And these are the notices that insurance plans are sending out right now, to hundreds of thousands of subscribers: notices saying that they do not plan to offer the policy anymore, and information about what policies will be available.
Plans offered on the individual insurance market right now may not offer preventive care without co-payment, or leave out coverage of maternity care, one of the health-care law's 10 essential benefits.
Experts have estimated that somewhere between half and three-quarters of those who currently buy their own policies will not have the option to renew coverage.
Since the health-care law required insurance companies to change their plans, this is a direct result of the Affordable Care Act.
Obama repeatedly said, since the health law passed, that if people like their insurance they could keep it, which is a weird promise to make when one of the key goals of the health-care law is to change individual market insurance coverage.
One report from the Obama administration, issued in 2011, found that 62 percent of individual market plans don't offer maternity care. Eighteen percent do not cover mental health benefits and 9 percent do not pay for prescription drugs.
The health-care law requires insurance plans to cover all of those things, and then some.
That means insurance companies cannot, under the Affordable Care Act, keep selling the plans that they used to sell -- the ones that don't cover prescription drugs and maternity care. And that means that some people who liked purchasing coverage without maternity care and prescription drugs won't be able to keep those plans.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/29/this-is-why-obamacare-is-cancelling-some-peoples-insurance-plans/
That's about 5 percent of the population. When they do so, they typically purchase a 12-month contract with an insurance company. And when that contract runs out, both the individual and the insurance plan have an escape hatch. The individual can decide to no longer purchase the plan -- and the insurance company can decide to no longer offer the plan.
There are some restrictions on how insurance companies can terminate products. HIPAA, a health law passed in the 1990s, does require that insurance companies offer subscribers the opportunity to renew their policy, so long as they continue to pay monthly premiums. If they want to discontinue a subscriber's policy, the insurance plan must provide 90 days notice and "the option to purchase any other individual health insurance coverage currently being offered by the issuer for individuals in that market."
And these are the notices that insurance plans are sending out right now, to hundreds of thousands of subscribers: notices saying that they do not plan to offer the policy anymore, and information about what policies will be available.
Plans offered on the individual insurance market right now may not offer preventive care without co-payment, or leave out coverage of maternity care, one of the health-care law's 10 essential benefits.
Experts have estimated that somewhere between half and three-quarters of those who currently buy their own policies will not have the option to renew coverage.
Since the health-care law required insurance companies to change their plans, this is a direct result of the Affordable Care Act.
Obama repeatedly said, since the health law passed, that if people like their insurance they could keep it, which is a weird promise to make when one of the key goals of the health-care law is to change individual market insurance coverage.
One report from the Obama administration, issued in 2011, found that 62 percent of individual market plans don't offer maternity care. Eighteen percent do not cover mental health benefits and 9 percent do not pay for prescription drugs.
The health-care law requires insurance plans to cover all of those things, and then some.
That means insurance companies cannot, under the Affordable Care Act, keep selling the plans that they used to sell -- the ones that don't cover prescription drugs and maternity care. And that means that some people who liked purchasing coverage without maternity care and prescription drugs won't be able to keep those plans.
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/29/this-is-why-obamacare-is-cancelling-some-peoples-insurance-plans/