Consumers Express Doubts About Obamacare Coverage Fix

Image: Consumers Express Doubts About Obamacare Coverage Fix

Monday, 18 Nov 2013 07:52 AM

By Melanie Batley

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Consumers doubt if the "Obamacare fix"— intended to let people keep their existing health-insurance plans despite receiving cancellation notices — really will come to fruition.

According to USA Today, there is also a lot of uncertainty about whether insurance companies will comply with President Barack Obama's request that they restore existing plans even if those plans do not meet the basic minimum standards of the new healthcare law.

"Why would they [reinstitute my policy]?" Kathleen Foster, a retired interior designer, asked USA Today. "They jumped through all these hoops to come up with something new. Now they are going to rescind that? To make President Obama look good?"

Obama, meanwhile, met Friday with executives from 15 leading insurance companies and encouraged them to support the administrative fix. But the deadline for consumers to make coverage decisions is Dec. 15, which may not give insurers enough time to make more changes, USA Today reports.

"They [the White House] appear to be throwing this hot potato into the hands of the insurance industry, who will now be on the hot seat to agree to do the impossible or take the heat for failing to do so," Robert Laszewski, an analyst with Health Policy and Strategy Associates, told USA Today.

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