Saturday, October 26, 2013

500,000 In California To Lose Insurance

500,000 In California To Lose Insurance

You can keep your plan, maybe.  Kind of.  Sort of.  Whatever…
Via NRO:
According to this link as of December 2012, there were 491,977 covered lives in individual health care plans regulated by the state Department Insurance that are not grandfathered under the Affordable Care Act.
(If they bought a plan after March 2010, their coverage is not grandfathered.) This is a 2012 number, but if the number of people with private coverage hasn’t changed much in the last ten months, that’s half a million Californians who will lose their coverage.
Those canceled policies will have to be replaced with Obamacare-approved insurance
H/T Drudge
Thank You Drudge, NRO, and Zip.

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