Blue Shield of California agrees to halt cancellations

But only because it was forced to.

Under pressure from the state, Blue Shield of California has agreed to put off cancelations for 115,000 subscribers until March 31, the end of Obamacare’s open enrollment period, the San Francisco Business Journal reports. A Blue Shield spokesman told the Journal that the decision stemmed from a disagreement with the state over 90 day notices

Really? I'm glad for the people of CA but this isn't fair to the rest of country and it hides the horrors of Obamacare. I don't know whether to be pissed or glad. The fact that CA is over-riding the Feds is a feat on it's own. How do they have that right and will other states follow? 115,000 insureds alone is deafening, especially from just one insurance company. Can you imagine what's going to happen to the rest of the people with other companies? Catastrophic is looking like a cupcake at this point.

It is an unholy collusion between State interest and private interest. Collusion by the way, is not a good word in this regard.

Yet people still champion this law?

StoutBroux
But only because it was forced to.

Under pressure from the state, Blue Shield of California has agreed to put off cancelations for 115,000 subscribers until March 31, the end of Obamacare’s open enrollment period, the San Francisco Business Journal reports. A Blue Shield spokesman told the Journal that the decision stemmed from a disagreement with the state over 90 day notices

Really? I'm glad for the people of CA but this isn't fair to the rest of country and it hides the horrors of Obamacare. I don't know whether to be pissed or glad. The fact that CA is over-riding the Feds is a feat on it's own. How do they have that right and will other states follow? 115,000 insureds alone is deafening, especially from just one insurance company. Can you imagine what's going to happen to the rest of the people with other companies? Catastrophic is looking like a cupcake at this point.

Flag for the find, star for your thoughts.

This developing situation bears watching. The pessimist in me says they'll be canceling those policies. The optimist in me says ObamaramaCare may be taking it's dying breath.

If Blue Shield is willing to hold off taking the free money that is ObamaramaCare, they may be trying to keep the loyalty of their customers. I know if they cancelled on me, I wouldn't be back.

The laws have people in damned if ya do, damned if ya don't.

This confusion is typical of any sloppy schlock government operation.

A Blue Shield spokesman warned that consumers could face costly risks as a result — from getting hit with two deductibles in one year to losing out on tax credits available to many people who switch to a plan in the Obamacare health insurance exchanges.

Jones said that if all customers stay in their current plans, they would save $28.6 million through the end of March over the rates Blue Shield proposed for its replacement plans. But he recommended that consumers explore their options on the state exchange.

Jones said an estimated 1 million people are receiving notices that their plans will be canceled at the end of the year in California. He does not anticipate that other companies will extend their coverage, however.

California Blue Shield extension unlikely to affect other health plans

reply to post by StoutBroux


I wonder what they're getting?

Let's be basic here.

Many sick people with pre-existing conditions are going to immediately use ACA to get treatment. They are poor with pre-existing conditions, so the insurance company(s) are going to lose money.

The young healthy people who were supposed to sign up (at high costs) to off-set the costs are not doing so.

So who's getting the pay off? Where's the cash coming from?

Are we going to see the first sign of single payer with the government subsidizing insurance companies?

reply to post by beezzer


Bingo!

The economic model of the ACA fails automatically. It's bound to fail....regardless of it's intentions.

reply to post by sheepslayer247


Well, Obama "bailed out" the auto industry, they "bailed out" the college loan industry.

This appears to be a pattern developing.

reply to post by Snarl


Of course they will be canceling these policies, but what gives them the right to delay the onset of the ACA? What are the rest of the people in other states going to do? This is clearly a favoritism. It's all or nothing in my opinion. All for the people and nothing for the insurance companies. However, that isn't the way it works. One state is given an exemption so to speak, for a finite period of time while other states (read human beings) are swept under the bus.

StoutBroux
reply to post by Snarl

 

Of course they will be canceling these policies, but what gives them the right to delay the onset of the ACA? What are the rest of the people in other states going to do? This is clearly a favoritism. It's all or nothing in my opinion. All for the people and nothing for the insurance companies. However, that isn't the way it works. One state is given an exemption so to speak, for a finite period of time while other states (read human beings) are swept under the bus.

I think it is an economic no-brainer. The middle class can't afford ObamaramaCare. The rich aren't even breaking stride when it comes to payment. Now ... look at the overwhelming numbers of poor and illegals dwelling in the land of hand-outs and welfare.

Who's gonna pay? It's gonna be bail-out city or bust ... and there's apt to be serious backlash. Obamara seems to have run out of rope, and the momentum he's built up may have doom written all over it.

Snarl

StoutBroux
reply to post by Snarl

 

Of course they will be canceling these policies, but what gives them the right to delay the onset of the ACA? What are the rest of the people in other states going to do? This is clearly a favoritism. It's all or nothing in my opinion. All for the people and nothing for the insurance companies. However, that isn't the way it works. One state is given an exemption so to speak, for a finite period of time while other states (read human beings) are swept under the bus.

I think it is an economic no-brainer. The middle class can't afford ObamaramaCare. The rich aren't even breaking stride when it comes to payment. Now ... look at the overwhelming numbers of poor and illegals dwelling in the land of hand-outs and welfare.

Who's gonna pay? It's gonna be bail-out city or bust ... and there's apt to be serious backlash. Obamara seems to have run out of rope, and the momentum he's built up may have doom written all over it.

We all know that. Why does CA get a pass? This should be historic. All states in! All insurance companies in!

reply to post by StoutBroux


Because California is the flagship of Obamarama's socialist state. When the flagship sinks the battle is lost. Geez, do I have to be so direct?

reply to post by xuenchen



I remember that the insurance companies behind the mandate at the time wanted more strict punishable fines for people that would not sign into the Obama (we don't care )ACA, actually they even drafted another clause to be added to the present ACA to do just that but it could not fly in congress.

So now they are opting with sending the letters of termination in order to hike prices on insurance changing the name of the policies, same policies more money, deceiving.

And insurance companies even have a back door plan, charging people double for deductibles if they can get away with it, like I said before the insurance companies are not in the business of losing money, they will get their profits regardless.

They are lobbying for more penalties for late enrollment and more higher premiums as penalties also, yes they are working hard to pass their cost to the tax payers.

So I expect more legislation to push more stern penalties on the consumers for no buying insurance in time, thanks to the insurance companies and the millions they have to passed around in congress to the willing pockets of politicians.

reply to post by StoutBroux


So they will instead cancel people's policy in March. What difference does it makes now or then. Maybe the whitehouse is afraid of the effects in the election.

reply to post by amfirst1


Exactly, what difference does it makes, perhaps by then they will have their wish of more penalties for late enrollment.

I know not what the rest of you will do, but as for me; I will not comply. I will not participate. The federal regime cannot force me to buy any product or service.

reply to post by marg6043


Margo, I happen to agree with you 100 percent sNf 4 u in my dreams

beezzer
reply to post by StoutBroux

 

I wonder what they're getting?

Let's be basic here.

Many sick people with pre-existing conditions are going to immediately use ACA to get treatment. They are poor with pre-existing conditions, so the insurance company(s) are going to lose money.

The young healthy people who were supposed to sign up (at high costs) to off-set the costs are not doing so.

So who's getting the pay off? Where's the cash coming from?

Are we going to see the first sign of single payer with the government subsidizing insurance companies?

Wondering that myself. But I think that's part of the cost of the billions in the plan. It would've been much more affordable to add a pre existing bill. Forcing all people to join is bad news. If it was great, people would be lining up to join. Forcing the insurance companies to cancel policies at the governments behest is sick. SICK I say just SICK.