Comment By Bob L.
Nov. 16th 2013
What do you do now Obama says that you can now keep your old Insurance, BUT the TWIST is, just for ONE YEAR, then you have go through it again to sign up for Obamacare, now is that not nice of him to do that, but like they say, you will be at the mercy of Obamacare anyway like it or not, so you will LOSE your Health Insurance you like anyway, so what is the big deal, you are screwed now or later, it does not matter to him, he will get his way sooner or later at your expense, in the mean time they will sit back and laugh, remember they exempted themselves from it, and they will be making money from it.
Health care: Obama’s fix for canceled plans throws insurers a curveball
By Harry Bruinius
Insurers cannot simply reissue old plans: They must recrunch numbers, refigure the benefits and rates for a complex array of populations, and then resubmit them to state regulators. Some states may not go along.
Health insurers across America woke up Friday to confront a looming administrative nightmare.
For more than a year or longer, they meticulously crunched the numbers for their 2014 health plans, conforming them to the new mandates of the Affordable Care Act (ACA). They navigated the labyrinths of Obamacare’s regulations, including the 10 essential benefits required for all plans, and they applied new rules that governed how they could calculate their costs. Continue reading