04 Nov 2014 Insurance Cancellations Up To About 350,000. Thanks ObamaCare!
Last year when ObamaCare was causing millions of people to lose their health insurance, President Obama issued an executive order letting insurers maintain those plans for another year. Some lucky people had plans with insurers who decided to extend them.
Their luck is now running out.
WRTV reported yesterday that 30,000 policyholders in Indiana’s individual market will lose their insurance (regardless of whether they like it) by the end of the year. About two weeks ago, we found out that 22,000 policyholders in Colorado will also lose their insurance. (It may be that not all of the Colorado cancellations are due to ObamaCare, but, really, what cause do you think is responsible for the bulk of them?)
Add those to the 250,000 policyholders in Virginia and 48,300 more across Kentucky, Alaska, Tennessee, New Mexico, North Carolina, and Maine who will lose their insurance, and the total rises to about 350,300—thus far.
And, just for good measure: