“Across the country, insurance companies have sent misleading letters to consumers, trying to lock them into the companies’ own, sometimes more expensive health insurance plans rather than let them shop for insurance and tax credits on the Obamacare marketplaces — which could lead to people…spending thousands more for insurance than the law intended. In some cases, mentions of the marketplace in those letters are relegated to a mere footnote, which can be easily overlooked. The extreme lengths to which some insurance companies are going to hold on to existing customers at higher price, as the Affordable Care Act fundamentally re-orders the individual insurance market, has caught the attention of state insurance regulators…”.* The companies involved include Humana and Lifewise. The Young Turks host Cenk Uygur breaks it down.
*Read more here from Dylan Scott / TPM: http://talkingpointsmemo.com/dc/insurance-companies-misleading-letters-obamacare
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