Tuesday, July 9, 2013

58,000 Californians Who Like Their Plan Can't Keep It

Although the Obama administration has decided to help businesses by delaying the set of burdensome reporting requirements that will theoretically prevent the IRS from levying fines on firms that fail to provide affordable coverage, ObamaCare officials continue to back regulations that harm individuals.

Saying that it has “become more difficult to administer these plans in a cost-effective way for our members” the Los Angeles Times reports that UnitedHealthCare will join Aetna in pulling out of California’s individual health insurance market. An estimated 58,000 people will have their policies canceled....

Full post from: Linda Gorman