Friday, July 5, 2013

Aetna Letter Warns "Many People Will Pay More For Health Insurance" Under Obamacare

    Aetna, the third largest provider of medical insurance in the country, has mailed a letter to at least some customers this week warning that the "Affordable Care Act (ACA) is changing health insurance" and that "many people will pay more for their health insurance coverage in 2014 than they do today."  The letter is addressed to those whose plans are "non-grandfathered" under the ACA, as explained in a footnote, but says that customers "may have options that could cost less than the higher-priced 2014 plans":

    The White House website continues to claim that "...a family of four [under the ACA] would save as much as $2,300 on their premiums in 2014 compared to what they would have paid without reform," and that it is a "myth that reform will force you out of your current insurance plan..."  As Aetna notes in the letter, information on plan options will not be available until ACA open enrollment nears, October 1, 2013, giving people three months notice about how much more coverage will cost in the new year.

Note: A version of this article first appeared at The Weekly Standard.

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