Monday, November 25, 2013

Told ya so

As we pointed out nearly 2 weeks ago, it's one thing for Our Betters in Capital City to magnanimously proclaim that, despite what the ObamaTax law actually mandates, "if you like your policy you can keep it." T'is quite another to make that a reality:

"It's one thing if an insurer erroneously cancels your policy... But it's quite another thing when the insurer must cancel an entire policy form"

As we asked then, "[h]ow can the government force carriers to re-file cancelled policy forms, and how do they handle the immediate problem that these plans are unlawful under the ObamaTax?"

Today we learn the answer, and it ain't pretty. Via email:

"Medical Mutual is not able to extend individual plans that do not comply with the Affordable Care Act (ACA) into the New Year, because we have no plans or rates approved by the Ohio Department of Insurance (ODI) for these products in 2014"

I suspect that they're not alone.
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