Original source: https://www.bloomberg.com/news/features/2019-09-17/under-trump-health-insurance-with-less-coverage-floods-market
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Bloomberg (09/17/19) Faux, Zeke; Mosendz, Polly; Tozzi, John
With an exemption for short-term medical insurance plans in the Affordable Care Act, more Americans have discovered that their affordable medical insurance plans don’t cover everything. These plans don’t stick to the very exact restrictions of ACA plans, which are prevented by canceling policy retroactively capping coverage , or turning people away with preexisting problems. Fewer than 100,000 people had these plans at the conclusion of last year, according to state insurance regulators, but by allowing Americans to buy these more affordable plans, the Trump government anticipates about 600,000 plans in effect this year. In suits, interviews, and complaints about regulators, dozens of Health Insurance Innovations’ clients say they were tricked into buying before they stuck with surprise invoices, were substandard. The company denies responsibility for any such incidents, stating it is a technology system that helps people find affordable coverages through brokers that are reputable…. Read More
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