SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (236105)10/29/2013 10:16:21 AM
From: neolib  Read Replies (2) of 542598
 
That is exactly the case I'm in and its what I was posting about. However, there is an additional wrinkle. The policies are not in fact illegal under ACA. If you had one prior to 2010 you are grandfathered. With one major problem. ACA allowed the insurance co. to keep the grandfathered plans, but didn't require them to. It was their discretion. So my insurance co seems to have chosen to terminate them all. Why not, it was in their interest to do so.

So ACA became an opportunity to terminate a lot of policies under the guise of "the government made us do it", when in fact that is not the case. But the government did ALLOW them to do so, which IMHO is a bit criminal anyway. TWT how this plays out, but I suspect it is going to be a major problem, because it is tied to the "You can keep your policy" statement made by Obama. That will be his "Mission Accomplished" albatross before this is all over.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News