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CoveredCA chief: Up to 900,000 will lose health plans on 12/31

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posted on Oct, 31 2013 @ 04:43 PM
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CoveredCA chief: Up to 900,000 will lose health plans on 12/31

Covered California is the name of the California State ObamaCare exchange.

They are doing it on their own, unlike most states who opted out and let the Feds 'handle' the sign ups.

Now even their own executive director is saying close to a million people will get chopped and channeled by the HHS regulations that are surprisingly forcing insurance companies to drop existing policies and create new, more expensive policies.

I bet many wish Obama had simply told us the truth a few years ago.

I wonder what some people are thinking right about now ?

Maybe they will now understand that "Covered California" might be a cat's way of thinking.



Covered California executive director Peter Lee told the Chronicle editorial board that he expects 800,000 to 900,000 people to lose their non-grandfathered private insurance policies on Dec. 31, thanks to the Affordable Care Act. (This figure — which is higher than past numbers reported – does not include small business coverage.) “The individual market is changing dramatically,” Lee said.


CoveredCA chief: Up to 900,000 will lose health plans on 12/31



Added Humor....( FREE video !! )
even Hitler is pissed off now !!Adolf is Absolutely Furious !!




posted on Oct, 31 2013 @ 05:31 PM
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reply to post by xuenchen
 


Now remember what our fuehrer has said about this:

    "Don't think of this as cancellation, think of it as a transition."

California you've been terminated!


Saw the video a couple days before. How'd they get a camera into the white house?



posted on Oct, 31 2013 @ 06:31 PM
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Mr I dont know says just shop around if you get cancelled!
Also bad apple insurance companies are to blame!

This has the potential to throw the country into chaos...
a slow motion train wreck!



posted on Oct, 31 2013 @ 08:52 PM
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reply to post by xuenchen
 


Actually it is estimated at around 45-55% of all employer provided plans nation wide. That means 60-70million policies. Swallow that!
edit on 31-10-2013 by yamammasamonkey because: (no reason given)



posted on Oct, 31 2013 @ 09:04 PM
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Another loophole in the many hole of the Obamacrap, insurance are cashing out on the so call "requirements" to shed less expensive policies with new and improve ones under the ACA but more expensive.

Deceiving and affordable my big latino butt.



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