Health Care Reform | Losing Insurance | Implementation | The Daily Caller: As a result of President Obama’s health care reform law, some Americans are already losing their health insurance coverage before the law’s regulations even go into effect, according to a new report.
A study conducted by McKinsey & Company on behalf of the Galen Institute, an advocacy group promoting free-market health care reform, found that many health insurance providers are already getting rid of plans they offer, especially small businesses.
For instance, American Enterprise Group “announced in October 2011 that it would stop offering non-group health insurance in more than 20 states,” which would affect 35,000 people. The reasons the company gave, according to the report, was “regulatory burdens, including the ‘medical loss ratio.’”
See original work for more on this and other stories.
No comments:
Post a Comment
Spamming will be removed.
Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.
Note: Only a member of this blog may post a comment.