Insurance companies have cancelled policies for several million Americans, causing widespread confusion and anxiety. Here’s an attempt to explain what’s happening and why—and what you can do if you’ve received one of those letters.
I JUST GOT A LETTER FROM MY INSURANCE COMPANY, CANCELLING MY HEALTH POLICY. WTF?
Sorry to hear that. It’s pretty scary. Most likely it’s a by-product of the Affordable Care Act—you know, “Obamacare.” You can get a new plan, but you may not find one just like your current policy. The price might be different, too.
I THOUGHT PRESIDENT OBAMA SAID I COULD KEEP MY PLAN IF I LIKE IT. I’M PISSED OFF.
That’s fair. The vast majority of Americans get their health insurance from large employers or from government programs like Medicare and Medicaid. Not much is changing for them. But the law is reorganizing the “non-group” market. That’s for people who buy insurance on…
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