(AP) -- Some major health insurance companies will no longer issue certain types of policies for children, an unintended consequence of President Barack Obama's health care overhaul law, state officials said Friday.
Florida Insurance Commissioner Kevin McCarty said several big insurers in his state will stop issuing new policies that cover children individually. Oklahoma Insurance Commissioner Kim Holland said a couple of local insurers in her state are doing likewise.
In Florida, Blue Cross and Blue Shield, Aetna, and Golden Rule -- a subsidiary of UnitedHealthcare -- notified the insurance commissioner that they will stop issuing individual policies for children, said Jack McDermott, a spokesman for McCarty.
Answer by LoriKeet at 8:15 AM on Jul. 24, 2010
Obamacare, just another scam on the American people
People wanted change, hope there happy with what they are getting..
Answer by Natesmom507 at 3:10 AM on Jul. 24, 2010
Answer by itsmesteph11 at 8:40 AM on Jul. 24, 2010
Answer by mancosmomma at 9:17 AM on Jul. 24, 2010
They are not going to write policies for children as individuals. They write policies for children only - this is the practice that will stop. They will still write policies for children as part of a family plan. I didn't quite understand the reason why though.
"We believe that the majority of people who would buy this policy were going to use it immediately, probably for high cost claims," said Kammer. "Guaranteed issue means you could technically buy it on the way to the hospital."
They are trying to head off the fear of "insurance only when you need it". We knew this was a fear of the ins. comp. all along. The rest of us who have insurance can't afford the premium increase that would inevitably come if it is "insurance when needed" purchase. You pay a $100 up front premium and get a $100,000 procedure. I can't afford to help pay for i
Answer by jesse123456 at 9:17 AM on Jul. 24, 2010
Answer by MunchMunch at 9:30 AM on Jul. 24, 2010
Answer by LoriKeet at 10:42 AM on Jul. 24, 2010
Answer by stacymomof2 at 8:28 AM on Jul. 24, 2010
Answer by jesse123456 at 9:18 AM on Jul. 24, 2010
Answer by mustbeGRACE at 9:59 AM on Jul. 24, 2010