[Report Abuse]
[Login to Blog] PoliticsNation's Blog
Insurers Hiding Obamacare Benefits From Consumers
Last comment by Sheran 1 year, 2 months ago.

Take Me To Post Comment Form

Across the country, insurance companies have sent misleading letters to consumers, trying to lock them into the companies' own, sometimes more expensive health insurance plans rather than let them shop for insurance and tax credits on the Obamacare marketplaces -- which could lead to people spending thousands more for insurance than the law intended. In some cases, mentions of the marketplace in those letters are relegated to a mere footnote, which can be easily overlooked.

The extreme lengths to which some insurance companies are going to hold on to existing customers at higher price, as the Affordable Care Act fundamentally re-orders the individual insurance market, has caught the attention of state insurance regulators.

The insurance companies argue that it's simply capitalism at work. But regulators don't see it that way. By warning customers that their health insurance plans are being canceled as a result of Obamacare and urging them to secure new insurance plans before the Obamacare launched on Oct. 1, these insurers put their customers at risk of enrolling in plans that were not as good or as affordable as what they could buy on the marketplaces.

TPM has confirmed two specific examples where companies contacted their customers prior to the marketplace's Oct. 1 opening and pushed them to renew their health coverage at a higher price than they would pay through the marketplace. State regulators identified the schemes, but they weren't necessarily able to stop them.

It's not yet clear how widespread this practice became in the months leading up to the marketplace's opening -- or how many Americans will end up paying more than they should be for health coverage. But misleading letters have been sent out in at least four states across the country, and one offending carrier, Humana, is a company with a national reach.

"If you're an insurance company, you're trying to hang onto the consumers you have at the highest price you can get them," Laura Etherton, a health policy analyst at the U.S. Public Interest Research Group, told TPM. "You can take advantage of the confusion about what people get to have now. It's a new world. It's disappointing that insurance companies are sending confusing letters to consumers to take advantage of that confusion. The reality is that this could do real harm."

Before Obamacare, Donna paid a $724 monthly premium for $10,000 deductible, catastrophic health coverage from LifeWise, a subsidiary of the state's Blue Cross/Blue Shield affiliate. She asked that TPM withhold her last name because she was disclosing personal financial information.

http://talkingpointsmemo.com/dc/insurance-companies-misleading-letters-obamacare


Latest Activity: Nov 06, 2013 at 6:01 PM


Bookmark and Share
Forward This Blog
Print Blog
More Blogs by PoliticsNation
Send PoliticsNation a Message
Report Abuse


Blog has been viewed (329) times.

PoliticsNation commented on Wednesday, Nov 06, 2013 at 18:20 PM

Sebekm- get over it. Obamacare is here to stay and by the end of the year-you want be able to separate people from it. You can rant and rave but people want it to work not fail.

Sheran commented on Wednesday, Nov 06, 2013 at 19:12 PM

PN if you think for one damn second that we are going to give out our personal info on a web site that is not secure, or call a navigator that could be a convicted felon! YOU ARE SADLY MISTAKING.... I'd rather pay the fine and keep my credit score!

PoliticsNation commented on Wednesday, Nov 06, 2013 at 19:19 PM

@Sheran. If you were informed you would know that you don't have to go on a sight to give out your information. I'm going to post an article just for you.

Sheran commented on Wednesday, Nov 06, 2013 at 19:22 PM

Don't waste your time "Navigator".

PoliticsNation commented on Wednesday, Nov 06, 2013 at 19:37 PM

Navigator..I welcome the title..Yes, I love my president and I'm excited about the resurrection of minority voters. I'm excited that minorities are having discussions about politics and how the process works, I'm excited that minorities realize that there vote counts and will make a difference. Be blessed Sheran.

Sheran commented on Wednesday, Nov 06, 2013 at 20:14 PM

I'm glad your proud of YOUR president PN, as you and most of your friends being a part of the entitled many should. I, how ever, being part of the working poor paying your way and my bills at the same time, is not proud of your President. As former life long democrat I am now ashamed to admit that fact for it is not the southern democratic party it once was in it's greatness that was once for the working poor it is now the Dumbacrat entitlement party.

PoliticsNation commented on Wednesday, Nov 06, 2013 at 20:22 PM

Unfortunately, You don't know anything about me. Entitled...I wouldn't know what that feels like..I've worked hard to earn my education and pay my fair share of tax as well. I"m proud of my accomplishments, and I love my life..I love being me. I'm sorry you don't feel the same about your life or yourself. Poor is a mindset and you seem to have your mind set on being poor bitter and hateful. Your in my prayers.

Sheran commented on Wednesday, Nov 06, 2013 at 20:30 PM

Thank you Pn for your prayers and thoughts, I need all of them I can get in these economic times.

Sheran commented on Wednesday, Nov 06, 2013 at 23:35 PM

Log In to post comments.

Previous blog entries by PoliticsNation
 
Black Wall Street--Moment In HIstory
January 28, 2015
Black Wall Street, the name fittingly given to one of the most affluent all-Black communities in America, was bombed from the air and burned to the ground by mobs of envious Whites. In a period spanning fewer than 12 hours, a once thriving Black business district in northern Tulsa lay ...
Read More »
 
The Good Ole Day's ....
January 27, 2015
I miss the old days. I miss Saturday's the most. I will never forget the songs my mother played while my sister and I did our weekend chores. She had a song for every situation and a story to tell before and after the songs played. My mother is still ...
Read More »
 
Why Is The GOP After Social Security?
January 26, 2015
"Most of us are too young to remember when growing old in America almost inevitably meant a miserable descent into poverty, but until the middle of the 20th century, that's what it was." Social Security keeps 25 million elderly Americans out of poverty, so why are Republicans once again trying ...
Read More »
 
Right-Wing Pundits Are "Damaging" America ?
January 26, 2015
Right-wing commentators like Rush Limbaugh and Bill O'Reilly have damaged the country, according to Alex S. Jones, the outgoing head of Harvard University's Shorenstein Center on Press, Politics and Public Policy, who announced his departure Wednesday after 15 years leading the prestigious media training center. "I wish they could be ...
Read More »
 
Clergy Unites-Stands Up To Racism/Bigots in South
January 26, 2015
When National Guard Sgt. Valerie Deant arrived at a shooting range in Medley, Florida for annual weapons qualifications training in December, she was expecting a typical military exercise. But as she readied for target practice, she noticed several bullet-hole-ridden mug shots of young black men hanging near the range, left ...
Read More »
 
[View More Blogs...]





 
Powered by
Morris Technology