Major health insurance companies in California and other states have decided to stop selling policies for children rather than comply with a new federal healthcare law that bars them from rejecting youngsters with preexisting medical conditions.
Anthem Blue Cross, Aetna Inc. and others will halt new child-only policies in California, Illinois, Florida, Connecticut and elsewhere as early as Thursday when provisions of the nation's new healthcare law take effect, including a requirement that insurers cover children under age 19 regardless of their health histories.
Readers of InsureBlog have been told of this issue on several occasions in the last few weeks. Perhaps if the ones who drafted this piece of junk law had been more concerned about REALLY lowering the cost of health care rather than attacking health insurance plans they would have seen this coming.
Almost everything in Obamacrap has the effect of creating less competition, not more. Higher premiums, not lower, and less affordable health insurance not more affordable health insurance plans.
The change has angered lawmakers, regulators and healthcare advocates, who say it will force more families to enroll in already strained public insurance programs such as Medi-Cal for the poor in California.
Moving folks to Medicaid and similar programs was part of the grand design. As Mike told us a few days ago in "so you can find out what is in it", when Obamacrap completely rolls out in 2014, 89% of the uninsured will go on welfare health insurance (Medicaid).
Why the concern now, right before elections, about putting kids on SCHIP (Medicaid for children)?
Some White House officials, however, noted that families who can't find policies might be able to sign up for high-risk pools being set up around the country as part of the new healthcare law.
Kids with serious pre-existing medical conditions can sign up for PCIP as long as they go without health insurance for 6 months.
But if they are healthy they can't qualify for PCIP.
Sgt. Carter would know exactly what to say about Obamacrap.
Move it, move it, move it!