Monday, August 19, 2013

If you like your current plan...So sad, Too bad

Much like Health Savings Account plans will be phased out under the ObamaTax, Garden State B&E (no, not that - "Basic and Essential") plans are on the chopping block:

"The bare-bones health insurance policy that’s been the plan of choice for New Jerseyans who can’t afford something better is set to go away next year ... B&E plans were meant to help young families get coverage and stanch the drop of enrollment in the individual health market, their relatively low price ... made them the most popular option for those who don’t get insurance through an employer or a government program."

Over 100,000 Garden State residents currently on these plans will now be shunted off to more expensive Exchange-based policies. While this may not seem like a big deal (NJ is home to almost 9 million souls), it's a big deal to folks who could barely afford even the minimal premiums ("as little as a couple hundred dollars a month for some people"), let alone removing even more choice from their health care financing menu.

And speaking of the ObamaTax, our friend Avik Roy has found an unpublished memo from the Congressional Research Service which notes that Ms Shecantbeserious and her minions have missed  about half of the scheduled deadlines mandated by the train-wreck. These include a "requirement for the Secretary to “develop requirements for health plans to report on their efforts to improve health outcomes” and "rules that would safeguard the privacy of medical records."

Must have given themselves a waiver.
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