Of course, at page 58 the sucker is reassured, "nothing in the Affordable Care Act requires an individual to terminate the coverage in which the individual was enrolled on March 23, 2010."
YAY!!!
I like at page 71, "because enrollees are of average to less favorable health status, some employers may place less value on retaining grandfather status."
Obama should have said that. Picture it, "If you have health insurance, but you are of average to less favorable health status, you may be dumped. But you will continue to enjoy all the benefits and protections of the Affordable Care Act."
The individual is not required to dump his insurance but the regulations provide the employer or insurance company plenty of ways to dump entire plans. They are doing so. People are being dumped by the millions.
The companies dumping people by the hundreds of thousands are not Acme Insurance but the biggest and the best, e.g., Blue Cross, Blue Shield.
One thing, Jon, you shook your head when I said that people would be able to choose the better plan because the notion was, well, people are mandated. Actually, any insurance that you currently have would be grandfathered in so you could keep. And so you could decide not to get in the exchange the better plan -- I could keep my Acme insurance, just a high-deductible catastrophic plan -- I would not be required to get the better one. If I chose to get the better one, it would be 14 to 20 percent cheaper than if I were going into the individual market. I just wanted to clarify that issue.
President Barack Obama, February 25, 2010
News flash. You can't even keep your BCBS plan, and this was all set out an Internal Revenue Bulletin in 2010.
Normally, companies dumping its enrollees would be very bad business. In this case, the government stands at the ready to coerce the person who is dropped to obtain more comprehensive and more expensive insurance. Whether there is a subsidy or not, an insurance company will fill the need and take the money. They all do a megadump and they all get rich.
