Obamacare, or the Affordable Care Act, was enacted in 2010 to provide health insurance to all Americans and to decrease health care costs. The purpose of the Act is to spread the cost of health care insurance by having as many people as possible pay for it. President Obama sold the health care reform bill by promising that if Americans liked the health care insurance plan they currently have, they could keep it.
In 2013 though, insurance companies began sending notices to thousands of middle-class Americans that their insurance plans were being cancelled because their plans didn’t conform to the requirements of the Affordable Care Act.
Why Has My Insurance Policy Been Cancelled?
Under Obamacare, health care insurance plans must meet a minimal standard of coverage. In order for an insurance plan to legal under Obamacare, the insurance plan must contain essential health benefits and it must have limited cost-sharing. If a plan does not meet either of these requirements, those plans are subject to cancellation.
What Is the Obamacare "Fix?"
The Obamacare "fix" is an executive order signed by President Obama which gives health care insurance companies the ability to renew insurance plans which do not conform to the requirements of the Affordable Care Act.
However, the insurance plan renewal under President Obama’s order is only good for 2014. In addition, the insurance companies which do renew plans must inform the consumer what "essential" benefits are not included in their old plan and that the federal health care exchange market might contain a cheaper and better insurance plan.
There is currently controversial about whether the Obamacare Fix is enforceable in court because it is a change in the law without Congressional approval.
Do I Need a Lawyer If My Insurance Plan Has Been Cancelled?
The goal of Obamacare is to provide expanded health care for everyone. If an insurance company or a health care provider is refusing health care service, then you may have a remedy. An experienced personal attorney who specializes in health care can fight for your legal rights.