#Obamacare Chronicles: If you like your plan, you can keep your plan. Now pull my finger.
**Posted by Phineas
Nearly a million people in New Jersey just got a very unpleasant surprise, and I bet at least a few are saying “But… but… but, the President said!”
Hundreds of thousands of New Jerseyans opened the mail last week to find their health insurance plan would no longer exist in 2014 because it does not cover all the essential benefits required by the Affordable Care Act.
The news surprised some who were unaware that provisions in the new law known as βObamacareβ were forcing insurance companies to scrap some plans they had previously offered.
βThe Affordable Care Act is driving many changes to products and pricing,β said Thomas Vincz, a spokesman for Horizon. βHorizon BCBSNJ is actively working to help our members find new insurance plans that meet their needs and budget.β
The changes will impact more than 800,000 people in New Jersey who purchase insurance on the individual and small-employer markets, according to Ward Sanders, president of the New Jersey Association of Health Plans.
And if they’re like their fellow Americans in California or Alabama, they will also see their rates skyrocket.
Remember, the whole point is the destruction of the private insurance market, forcing people onto the exchanges in order to facilitate wealth redistribution.
via David Freddoso
(Crossposted at Public Secrets)