New York State Plans Say gNo Thanksh to Obama Fix
By The Health Care Blog NEWS
Next example: New York Health insurers say
they probably wonft be taking up President Obama on his invitation to extend
health plans cancelled earlier because they do not comply with the Affordable
Care Actfs requirements.
gJust trying to go back and recreate a product that youfve eliminated is not
something that plans are looking forward to with great enjoyment,h Leslie Moran,
vice president of the New York Health Plan Association said.
Besides, nobody is really sure New Yorkers want their old plans back
anyway.
Premium increases on New York plans have been among the most modest in the
country, largely because the New York individual insurance market was tightly
regulated (translation = non-competitive) long before the Affordable Care Act
came long. Many New Yorkers have actually seen significant decreases
in their monthly bills.
Thatfs one reason sales have been humming – well, pretty decent, anyway – on
the New York exchange c
According to HHS, the state exchange enrolled 18,000 people in the month
of October.