Re: The PPACA - Implementation Phase I
Fishbreath, once again you're busted. People are "losing" crappy health plans that don't meet minimum coverage requirements. For example if you had insurance that only covered you if you lost a body part, the ACA will inform your carrier that charging for such minimal coverage is not legal so stop offering the plan. Most likely these people will obtain more coverage for the same price or less out on the exchanges.
In 2014, tens of thousands more people are losing existing coverage because of PPACA mandates. So people used to have perfectly viable coverage and PPACA requires that coverage to be cancelled because some other genius who looked up a few articles on the internet thinks he knows better than trained professionals with advanced degrees?![]()
Fishbreath, once again you're busted. People are "losing" crappy health plans that don't meet minimum coverage requirements. For example if you had insurance that only covered you if you lost a body part, the ACA will inform your carrier that charging for such minimal coverage is not legal so stop offering the plan. Most likely these people will obtain more coverage for the same price or less out on the exchanges.