Can you keep your health care plan?
The truth the media are not telling you about what is really going on. You may think that you fully understand what is happening regarding health care but the truth is unless you are an insider in the insurance industry you will not learn about this truth.
Health care is about risk but it is also about time.
Insurance companies provide coverage for a set amount of money for a set period of time. Many people all over the US have been getting termination letters, telling them the health care plan they have now will be terminated. What you are not being told is something that you may find difficult to understand unless you have been in the insurance business for years. When Risk pools are created money is reserved as a way to be sure that this money is used to meet the needs of the group. This money is set aside and put into banks so that the money will be guaranteed to be available to all those claims that are set up and need to be paid. This reserve money is left in place however we are seeing a situation that has never happened before. Insurance companies are ending these systems leaving millions and millions of dollars that should have gone to protect insurance claimants will not be lost to those who have paid in this money.
What does this mean to you.
Its not a good thing because all this money belongs to the group in which you and others paid in. But now with this new Affordable Care Act, insurance companies are ending these contracts and pocketing millions of dollars of your money. They are literally stealing this money, (allegedly) from this action, they are using Obama Care as an excuse to end these contracts but where is the reserve money going to end up?
I am certain that you must know the answer to that question.
So who is to blame?
Has to be Harry Reid and the Democrats.
Simple they knew this would happen and they did nothing, If they did not know that this would happen they are incompetent and need to be replaced. Corruption.