Like many other health insurance carriers across the country, CareFirst BlueCross BlueShield recently sent letters to thousands of its customers informing them that their insurance coverage was in peril as a result of the implementation of the Obamacare exchanges.
According to The Washington Examiner, the carrier will be forced to cancel health insurance plans that presently cover 76,000 people in Virginia, Maryland, and Washington, D.C., composing forty percent of CareFirst’s 177,000 customers.
President Barack Obama repeatedly told Americans during the health legislation care debate, that if they liked their health care plans, they could keep those same plans, but Americans across the country are finding out otherwise. Pre-existing plans were supposed to be grandfathered in, but the regulations in the Affordable Care Act (ACA) were so restrictive, numerous plans ended up being dropped. In a statement to The Examiner, CareFirst wrote:
Of the 177,000 individuals under age 65 who are covered by CareFirst, about 76,000 of them are in a non-grandfathered plan–a plan that will not comply with the guidelines imposed by the Affordable Care Act at their time of renewal this year or next.
These individuals in Maryland, Washington, D.C., and portions of Northern Virginia will be required by the health law to purchase a new ACA-compliant health plan. This phenomenon is not unique to CareFirst and its members, but rather a result of industrywide changes in accordance with new ACA health plan standards.
Although CareFirst clients in Virginia and Maryland can purchase ACA compliant plans through their state exchanges or the individual market, customers who live in Washington, D.C. who receive cancellation letters from CareFirst will be forced to buy a plan on the exchange.