This time, small-group plans used by small employers are being especially hard hit.
by Tim Phillips • USAToday
Last fall, millions of Americans breathed a sigh of relief when Obamacare didn’t cancel their health care plans. Now they’re holding their breath once again.
Hundreds of thousands of Americans will soon receive cancellation letters affecting their 2015 health care plans — and that number may quickly rise into the millions. This wave of cancellations will fall into two categories. The first group hit will be in the individual market, the same group that suffered through at least 6.3 million cancellation letters last year. They will almost certainly be joined by millions of people in the small-employer market, which has 40 million plans and will be under Obamacare’s control starting next year.
That’s right: President Obama’s now-infamous promise, “If you like your health care plan, you can keep it” — Politifact’s 2013 “Lie of the Year” — is still being broken, potentially worse than before.
Most of the individual market cancellations will be for plans that were supposed to be canceled last year, when Obamacare first went into effect. After the fallout from last year’s fiasco became too politically toxic, President Obama unilaterally changed the law so that some non-compliant policies could continue for at least another year. That 12-month period is now up. [Read more...]