Tag: cancellations

2010: Chuck Grassley accurately predicts mass insurance cancellations under #obamacare.

As I said on Twitter: CNN. CN Freaking N.

Senate Democrats voted unanimously three years ago to support the Obamacare rule that is largely responsible for some of the health insurance cancellation letters that are going out.

In September 2010, Senate Republicans brought a resolution to the floor to block implementation of the grandfather rule, warning that it would result in canceled policies and violate President Barack Obama’s promise that people could keep their insurance if they liked it. Continue reading 2010: Chuck Grassley accurately predicts mass insurance cancellations under #obamacare.

Tweet of the Year, We WARNED People edition.

We did*.

Health plans are sending hundreds of thousands of cancellation letters to people who buy their own coverage, frustrating some consumers who want to keep what they have and forcing others to buy more costly policies.

The main reason insurers offer is that the policies fall short of what the Affordable Care Act requires starting Jan. 1. Most are ending policies sold after the law passed in March 2010. At least a few are canceling plans sold to people with pre-existing medical conditions.

And now it’s happening. Continue reading Tweet of the Year, We WARNED People edition.