...online insurance marketplaces are also not yet functioning properly in certain states...
(PRWEB) December 17, 2013
Globalsurance has published a new article on its blog about the alleged forced cancellations of health insurance policies in the US due to the Affordable Care Act. The article explains the background and history of the situation and the various ways that Americans have been affected.
The article begins by explaining how the Obama Administration initially stated that those who were happy with their current health plan would be able to keep them. However, according to the article, this statement proved false. Some Americans’ current insurance plans do not comply with the ACA’s minimum care guidelines. The plans do not offer, for example, full dental coverage or maternity care. As a result of these coverage deficiencies, the insurance plans are no longer legal, and policyholders were informed in November that their current coverage would be ending in 2014.
The article explains how online insurance marketplaces are also not yet functioning properly in certain states, meaning that on top of facing insurance cancellation, these policy holders also cannot shop for a new coverage plan.
The Globalsurance article then mentions how President Obama has responded to this controversy. In addition to an apology to the American people, President Obama has reiterated the fact that asking insurers to offer customers a defined list of services is still a good idea. Minimum care regulations ensure that all insured Americans have access to comprehensive health care – for dental work, substance abuse treatment, vision needs and so on.
In the issue of minimum coverage and canceled policies, insurance companies are not blame-free. President Obama has reminded consumers and insurers that according to the Affordable Care Act, insurance policies have one extra year to comply with ACA minimum care requirements, meaning that insurance companies dropping customers right now, one year early, are doing so of their own volition, possibly to gain higher premium revenue, but not directly because of Obamacare.
To read the full article, visit http://www.globalsurance.com/news/2013/12/16/cancelled-coverage,-better-care/.