And it's still not all doom and gloom. *Does a cancellation mean I'm going uninsured?*
Nope -- as mentioned earlier, insurance plans are required by law to tell you about other options they offer if they discontinue their policy. That's what the sample language from the administration, above, essentially does. Individuals with discontinued policies will have the option to purchase through the new insurance marketplaces (well, if they start working a little better<http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/24/everything-you-need-to-know-about-obamacares-problems/>) or they can do so outside the new marketplaces, pretty much like they have in years past. *Will insurance cost more?* This will vary a lot* *from person to person. Some people who are buying a bare-bones plan right now will likely see higher premiums under Obamacare. They'd be getting more benefits -- but paying more in premiums. Some people will get financial help buying that more robust insurance; people who earn less than 400 percent of the federal poverty line (about $45,000 for an individual) can use a tax subsidy to purchase their plan. For more on premiums under the Affordable Care Act, you should read this great piece<http://www.washingtonpost.com/blogs/wonkblog/wp/2013/06/01/the-shocking-truth-about-obamacares-rate-shock/> from Ezra. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:368258 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
