Wednesday, October 22, 2014

ACA/Obamacare: Cancellations and Confusion in Colorado

“DENVER—The Colorado Division of Insurance announced Friday a surge in health-care policy cancellations in the wake of Obamacare, just what Democratic candidates in high-profile races didn’t need less than three weeks before Election Day.

In a letter to state Senate Republicans, Colorado insurance commissioner Marguerite Salazar said that more than 22,000 Coloradans received cancellation notices in the last month, and that 192,942 Coloradans will lose their policies at the end of 2015.

That would bring the total number of cancellations in Colorado to more than 550,000 by the time the Affordable Care Act has been fully implemented and non-compliant plans have been phased out. Ten Colorado carriers have opted to continue offering non-compliant plans through 2015, Ms. Salazar said.”

“A RAND Corporation report issued earlier this week found that there was “significant confusion and little understanding about Medicaid and private insurance subsidies through Connect for Health Colorado,” the state-run exchange.

Barriers to enrollment included “mistrust” of the system and “unfavorable attitudes toward the individual mandates,” despite the exchange’s $21 million marketing effort.” - Health care cancellation avalanche hits Colo. Democrats weeks before election, The Washington Times, 10/17/2014

Link to the entire article appears below:

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