catastrophic insurance, Health, Insurance, ObamaCare, President Obama

Obama Lifts Individual Mandate for Those With Canceled Insurance Plans

The ReadyWriter

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If your health insurance plan was canceled thanks to President Obama’s problematic ObamaCare law, you may qualify for a “catastrophic” insurance plan available through the insurance exchanges in your state.

The White House announced the new changes on its blog on Thursday. Some critics called the announcement “legislation by blog.”

A Dec. 23 deadline looms to purchase health policies to be eligible for coverage beginning Jan. 1, Bloomberg.com reports.

The Obama administration had hoped that millions of young, healthy people with canceled insurance plans would migrate into the insurance exchanges via Healthcare.gov. But the website has been plagued by technical glitches and security issues since its launch on October 1st.

Republicans accuse the Obama administration of climbing into bed with the insurance companies who canceled more than 5 million policies in the hopes of forcing those people into the government insurance exchanges. But consumers complain that even the cheapest bronze plans are more expensive than their old plans.

Meanwhile, insurance companies whine that this latest change in the ObamaCare law risks destabilizing the new exchange marketplaces if younger, healthier people who now carry cheap policies opt out of buying more expensive replacement coverage.

Published by The ReadyWriter

Writer, Published Author, CEO of ReadyWriter Production Company and Blog Talk Radio Host.

38 thoughts on “Obama Lifts Individual Mandate for Those With Canceled Insurance Plans”

      13. Yo Fam good morning but on the real where can I find Robin Roberts… heard she just signed a lucrative deal with ABC

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  4. I honestly considered going without insurance because everything was so expensive but then I snapped back to reality and remembered I’m sickly as hell 😦

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    1. I honestly considered going without insurance because everything was so expensive but then I snapped back to reality and remembered I’m sickly as hell 😦
      ***********
      Oh Lord. Girl you better go get in somebody prayer line and plead the blood of Jesus. We dont claim sickness and disease over here.

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      1. Let’s shout in a corner together
        WON’T HE DO IT!!! PRAISE HIM!!!!! WHEN THE PRAISES GO UP THE BLESSING COME DOWN!!!! :woohoo: :woot: 😆

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      2. FLO, Chile, I was trying to keep my seat, but you ain’t said nothing but a word!

        I don’t want no rock crying out for me!!! :no:

        Praise break: :woot: 🙂

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  9. I was in the hospital two days.. Insurance or not. Hospital is too high.. One tylenol was 500.00 bucks.. I swear I’m moving to Canada..

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