I’m all out of “if you like your plan you can keep it” jokes, and anyway this isn’t funny:
Now here is what is really strange and it is explained superbly by Bob Graboyes, a health economist with the Mercatus Center, in this video. There are gaps between the corridors. And if your plan happens to fall within one of the gaps, it is no longer a valid plan.
Suppose you are in a Bronze plan with an actuarial value of 58%. Then, a year from now, because of price changes, technology changes, or some other kind of change, your plan suddenly covers 60% of expected expenses. That’s good for you, right? Wrong. Because your plan no longer fits into one of the metallic corridors, it’s no longer a valid plan – despite the fact that it has become a better plan!
Now let’s suppose you have a really good plan – a plan that pays 98% of expected health care costs. Given the large number of Democrat’s who believe that health insurance should pay almost every medical bill, you would think that the law passed by a Democratic Congress without a single Republican vote would strongly encourage such a plan. If you’re inclined to think that, you are mistaken, however.
Any plan that pays more than 92% of expected health care costs for the average enrollee is illegal under ♡bamaCare!!!.
The clusterfudge has only just begun.