posted on Nov, 6 2013 @ 09:20 PM
reply to post by gariac
The reason for the insurance companies to cancel policies is because they can now increase rates thank to loopholes on the ACA they can get away with
ACA will not control the cost of care, it only promises that you have to be mandated into buying insurance, that may qualified for subsidies, or fall
under Medicaid expansion and that you could not be denied.
Is that simple to understand what is going on right now with the insurance companies, my premiums went up so the co pays and deductibles, I got the
same insurance, but now I have to deal with less doctors in the network and paying more.
And my husband and I are under government subsidized Tricare because he is a retire, this was done in October last year when the government decided to
change insurance providers.
So I know exactly what is going on, most of the wave of cancellations is in an effort for the Insurance companies to make more money out of the "new
and improve in compliance with ACA policies, but we know exactly what it is, nothing but price gouging