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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (748750)10/22/2013 5:14:50 PM
From: i-node  Read Replies (1) of 1585862
 
>> If rescission is illegal and denial based on preconditions is now also illegal why the concern about being "grandfathered" into a plan that costs you twice as much as the best ones on ACA?

I think you misunderstood the use of the term "grandfathered."

I'm not "grandfathered". The plan is.

I have no predisposition (ideological or otherwise) against getting in an exchange plan if it turns out to be the best option for me; but I also understand that future premiums for them will be based on enrollment of young healthy people who, imo, will not enroll in these plans. If it turns out I'm wrong I can always change in a year or two if I want to. OTOH, if I change now and the enrollment is lousy as I expect, then the exchange premiums will be insanely high and I will not have the option to return to my old plan. The entire point of insurance is risk management, and in my view getting out of my plan and into the exchange plan increases, not decreases, my risk.

It is really just a business decision, and not something I am willing to roll the dice on. Besides, if sick people in my current risk pool decide to go with exchange plans, who knows, my premiums could go down while the exchange plans get more expensive.
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