100'S of Thousands get health insurance cancellation notices..Thanks to Obamacare.
from NBC:
But the cancellation notices, which began arriving in August, have
shocked many consumers in light of President Barack Obama’s promise that
people could keep their plans if they liked them.
“I don’t feel like I need to change, but I have to,” said Jeff
Learned, a television editor in Los Angeles, who must find a new plan
for his teenage daughter, who has a health condition that has required
multiple surgeries.
An estimated 14 million people purchase their own coverage because
they don’t get it through their jobs. Calls to insurers in several
states showed that many have sent notices.
Florida Blue, for example, is terminating about 300,000 policies,
about 80 percent of its individual policies in the state. Kaiser
Permanente in California has sent notices to 160,000 people – about half
of its individual business in the state. Insurer Highmark in Pittsburgh
is dropping about 20 percent of its individual market customers, while
Independence Blue Cross, the major insurer in Philadelphia, is dropping
about 45 percent.
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