Like your health care policy? You may be losing it – Business – Boston.com.
Many people who buy their own health insurance could get surprises in the mail this fall: cancellation notices because their current policies aren’t up to the basic standards of President Barack Obama’s health care law.
They, and some small businesses, will have to find replacement plans — and that has some state insurance officials worried about consumer confusion.
But no worries because you will be getting new and improved coverage and you will like it.
But supporters of the overhaul are betting that consumers won’t object once they realize the coverage they will get under the new law is superior to current bare-bones insurance. For example, insurers will no longer be able to turn people down because of medical problems.
Insurance companies have leeway on how to adjust their plans…
For the most part, state insurance commissioners are giving insurers the option of canceling existing plans or changing them to comply with new federal requirements. Large employer plans that cover most workers and their families are unlikely to be affected.
Hang on and enjoy the ride because you WILL like it. Also, ask why you’re just now hearing about this. This is NOT new news.
