Written by our very own Judith Fardig
Letters to the editor, The Oregonian
R.E. front-page article, Obama bends on health cancellations 11/15/13
If you received a cancellation letter from your insurance company, don’t try to hang on to your sub-standard policy without calling Cover Oregon first at 1-855-268-3767 to find out if you could get a better deal. Individuals making up to $45,960 and families of 4 up to $92,400 may be eligible for federal subsidies which you won’t get if you keep your old policy.
The Affordable Care Act grandfathered all the individual policies that were in place at the time the law was enacted, hence President Obama’s statement that you could keep your plan if you liked it. There were limits on the amount of increase in premiums or deductibles to keep this grandfathered status. The plans being cancelled because they don’t meet the minimal standards were introduced by private insurers after passage of the ACA, knowing they wouldn’t be in compliance by 1/1/14. The insurers should have disclosed this when they issued the policy. Now they are trying to blame their lack of transparency on the President.
A great way to be proactive about ObamaCare, is to write to your local paper if there is an avenue for that. Thanks Judith, for the inspiration and for doing your part to spread facts about the wonderful law that is the Affordable Care Act.