Sunday, October 19, 2014

Obamacare Kills 22,000 Health Plans In Colorado

Over 22,000 Coloradoans have had their health insurance canceled by Obamacare in the past month — and 200,000 are slated to be shut down in 2015, the state insurance department announced Friday. - Daily Caller

The Colorado Division of Insurance wrote to state Senate Republicans Friday, notifying them that five more insurance carriers have ended plans for 18,783 more Coloradoans in just the last month. By far, the most canceled plans will come from Humana Insurance Company and Humana Health Plan.

That brings the state’s Obamacare total to almost 340,000 canceled plans, according to Republican Rep. Cory Gardner, who’s in a tight race for Senate with incumbent Democrat Sen. Mark Udall.

“Coloradoans continue to pay the price for Senator Udall’s broken promise,” Gardner said in a statement Friday. “It’s unfortunate that Senator Udall has been so eager to please President Obama that he has forgotten thousands of Coloradoans across our state.”

Widespread Obamacare cancellations have been a political loser for Obamacare-supporters across the country, but the issue is especially fraught in Colorado....

Far from being an unknown glitch in the health-care law, the Affordable Care Act provision that outlaws certain insurance plans was in part intended to help drive healthier, previously-insured customers to Obamacare exchanges so that insurers’ pools of customers were less populated by people with a pent-up need for health care.



Karl to Earnest: Why Do People Have To Wait Until After Election To See New Obamacare Premiums?

KARL: Can people be forgiven for thinking this looks like a political move. People will not find out how much they are going to have to pay for their health insurance until after the election, whereas last year they found out on Oct. 1. Doesn't it seem a little bit convenient that people now have to wait ten or eleven days after the election to find out how much their insurance was going to cost?


Bronze Rate Shock: What Obamacare Premiums Will Cost People Next Year is Pretty Far From Free - IJ Review

With the open enrollment period just weeks away, consumers are wondering what their healthcare premiums will look like next year. The federal government hasn’t released premiums, and won’t until after the elections.

Fifteen states have released their information, and according to an analysis by Investor’s Business Daily, people who are on the lowest cost plans are not in for a treat this Halloween.