by: C Steven Tucker
| Back on August 3rd, 2013 I wrote a piece exposing what I stated then will soon happen to millions of Americans if we do not support the Tea Party and Republican lead effort to defund Obamacare. In that piece, I stated when President Obama promised – “If you like your plan, you can keep your plan and no one will take it away from you, period” he was not telling the truth. Watch President Obama make this false promise below: |
Below I will link to some real world examples of what is beginning to happen because the Obamacare “Health Insurance Exchange Marketplaces” opened on 10/1/13 and were funded (once again) by Republicans in the most recent Continuing Resolution on the evening of October 16, 2013.
Firstly, here is a sample copy of a letter that my Aetna clients are already receiving. These clients are now losing their individual and family health insurance plans. They will be forced into an Obamacare compliant plan as of 12/30/2013 where the cheapest – “Bronze” plan – will expose them to a $12,700 out of pocket risk exposure each year for in network covered charges.
Secondly, here is a sample copy of a letter that my Humana individual and family policy holders are now receiving. They too are now being forced into the Obamacare exchanges and they too will face the same aforementioned $12,700 out of pocket risk for their family each year for the cheapest – “Bronze” – plan.
Thirdly, here is the first letter I received just today from a client who just had their Blue Cross Blue Shield of Illinois family policy terminated. Notice their replacement plan options. They are offered the following Obamacare compliant plans from Blue Cross:
The Blue Bronze PPO 005. Click here to view the outline of coverage for this plan.
The Blue Choice Silver PPO 003. Click here to view the outline of coverage for this plan.
The Blue Choice Bronze PPO 006. Click here to view the outline of coverage for this plan.
Notice the out of pocket costs with each of those plans? Every one of them has a higher out of pocket risk to this client than the risk his family carriers now and all of them are more expensive than what he pays now. With the exception of the “Bronze PPO 006″ plan which more than DOUBLES his family’s out of pocket risk exposure on his current “HSA 100%” plan. Remember, president Obama also promised rates would go down by $2,500? Watch him make that false promise here:
You can run your own Obamacare compliant rates by clicking on my Blue Cross Blue Shield of Illinois quote engine below:
If you’re not in Illinois, you can run your own Obamacare approved rates using my Humana quote engine here:
Please note: There is one major difference between my online quote engines and the “Health Insurance Exchange Marketplace” at HealthCare.gov. Mine actually work!
Months after I penned that original article – on August 3, 2013 – a flagship member of the main stream media – NBC – finally confirmed in their article entitled “Thousands get health insurance cancellation notices“ that I was indeed speaking the truth and not a ‘fear-mongerer’, ‘racist’ or ‘liar’ as I have been labeled repeatedly by our ‘friends on the Left’ since writing that piece.
Several days before NBC finally confirmed I was right. A newspaper in California detailed the anger and frustration by two time Obama voters who were also losing their health plans and facing an increase in their family premium of $10,000 a year. You can read that California newspaper piece if you click here.
Oh and it’s not just individual and family policy holders who are losing their health insurance policies because of Obamacare. It’s employer sponsored group policy holders as well. Click here to see a copy of the California Farm Bureau Federation group policy termination letter sent to their insured members. The CBO is predicting that 14.5 million Americans will lose their health plans after 2014. I disagree. I am predicting more than 40 million Americans will lose their health employer sponsored health insurance plans. I discussed why for the Fox Business television network.
View the video and read the article on the Fox Business web site by clicking here:
Worse yet, those whom we count on to provide us with the care we need are also losing their health insurance plans because of Obamacare. Here is a letter that doctors and dentists in Illinois received all over the state. They too will be losing their health insurance plan as of 12/31/2013.
About a month after I penned my original piece on August 3rd, other Blue Cross associations all over the country began sending our their policy termination letters. You can see the Independence Blue Cross policy termination letter if you click here.
Click here to read another policy termination notice and Obamacare compliant replacement letter from Regence Blue Shield of Nebraska. Pay particular attention to $12,700 annual out of pocket expense risk that this family will now face when they are forced to switch to an Obamacare compliant “Bronze” plan on 12/30/2013.
All of these policy holders are being forced to forfeit their existing plans and agree to accept an Obamacare compliant plan (along with the premium increases required) byDecember 31, 2013. I discussed this for the Fox Business television network on 09/30/2013 the day before the Obamacare “Health Insurance Exchange Marketplace” opened.
Why is this happening now?
I will use the state of Illinois as an example. Governor Quinn had originally expected 16 health insurance carriers to offer products within the Illinois Obamacare exchange. Only 6 carriers have chosen to sell plans within the exchange. They are as follows:
Humana
Blue Cross Blue Shield of Illinois
Aetna
Coventry
Land of Lincoln Health
The Carle Foundation, a nonprofit hospital network based in Urbana
Since these carriers have chosen the option to offer a “Medal” (Bronze, Silver, Gold or Platinum) product within the exchange all individual/family health insurance plans that they have already sold in years 2011, 2012 and 2013 must be terminated and replaced with a plan that conforms to the design of the “Medal” plans sold inside the exchanges. These new replacement plans must add all 10 of the federally mandated“Essential Health Benefits” and they must conform in design to the deductible and other out of pocket expenses that will be included with the “Medal” plans sold inside the exchanges.
There are however two large insurance carriers that are staying out of the new Obamacare “Health Insurance Exchange Marketplace” in Illinois and most other states. Those carriers are United HealthOne and Assurant Health. Because these two carriers are staying out of the exchange, the PPACA (Obamacare) law allows them to continue to design their products differently than the plans sold within the exchange.
Although these two carriers must still adopt all 10 of the new federally mandated“Essential Health Benefits” and they must also offer guaranteed insurability (no preexisting conditions) to all applicants during ‘Open Enrollment” periods. The deductible and coinsurance arrangements that they can offer to their clients can be higher than the standard deductibles and coinsurance arrangements that will be offered in the exchanges
This means that their prices will be inherently lower than the “Medal” plans sold inside the exchanges. This is most especially true for individuals with MAGI – Modified Adjusted Gross Incomes – higher than 400% of the Federal Poverty Level. That would be $46,000 a year for an individual, $62,000 for a couple and $94,200 for a family of four. These Americans will receive no taxpayer funded ‘subsidy’ to artificially lower the cost of the expensive health insurance plans that will be sold within the new health insurance exchanges.
Because these two carriers are staying out of the Obamacare exchange. Not just here in Illinois but around the country. They are both able to make the following commitment to potential new policy holders. If you purchase a health insurance plan from either of these carriers prior to 2014 you will not lose or have to change that health plan and you will not receive a premium increase until December 30, 2014.
Watch United HealthOne make this promise here.
Read Assurant Health’s promise here.
2.) American Republic > 35,000 people LOST their health plans when American Republic exited the market. Hundreds of jobs were lost as well.
3.) American Medical Security
4.) American Community Mutual
5.) Standard Life & Accident
6.) Principle Financial
7.) nHealth
8.) World Insurance
9.) Unicare
10.) Guarantee Trust Life < One of my clients in Naperville, Illinois who received that letter lost her plan during Breast Cancer treatment!
11.) Coventry
12.) Physicians Benefit Trust
13.) Independence Holding Group
Obamacare is creating a massive insurance monopoly. These smaller carriers that I used to be able to offer to my clients, the carriers with the good prices are now gone. They are being gobbled up by the larger carriers. We now have only a handful of health insurance carriers left in the country. Think about it, you know this. Look at the exchange plans and see if you can find more than 5 carriers who are offering plans.
Eliminating health insurance carriers and creating a taxpayer funded monopoly is not ‘competition’. It is a monopoly and nothing drives up prices like a monopoly.
They knew it was a failure just like they knew Obama was a fraud BUT this is their evil agenda that has been foisted upon US to bring America down to a third world status. If we were a strong and independent nation then we would not need their global New World Order/One World Government but they want US brought down and made weak to fit into their global plan. “America is like a healthy body and its resistance is three fold: It is patriotism, its morality, and its spiritual life. If we undermine these areas over a period of time the great country of America will collapse from within” — Joseph Stalin