Another Thanksgiving Day may have passed, but in the health care arena, we still have plenty to be thankful for.
Recently, a lot of attention has been focused on individuals with private insurance plans who are receiving cancellation notices, because their plans don’t comply with the protections in the Affordable Care Act. Families USA has a new report with surprising and encouraging findings: a very small percentage of New Yorkers – just over 1% – are at risk of losing their current plan and won’t qualify for subsidies because their income is too high. What’s more, less than 0.5% of those at risk have ongoing coverage – that is, coverage that they retain longer than a year.
In contrast, thanks to the Affordable Care Act and new financial assistance options, millions of Americans are now eligible for more affordable, more comprehensive insurance coverage than ever before. The vast majority of those who find themselves seeking a new insurance plan – because their current plan chose to cancel rather than comply with the ACA’s more comprehensive coverage requirements – will find more affordable coverage on the New York State of Health Marketplace.
Which brings us to David Levy. David found himself in just this predicament – an insurance policy that had covered him for 30 years was suddenly being cancelled. David sought help from Milo Primeaux, one of the Navigators at Community Service Society who helps people enroll in health insurance on the new marketplace. Milo helped David find a plan that included all of the new benefits mandated by the Affordable Care Act – with a whopping $250 savings per month! Thanks, Obamacare.
You can read David’s full story here.