Obamacare Kills 22,000 Health Plans In Colorado
Over 22,000 Coloradoans have had their health insurance canceled by Obamacare in the past month — and 200,000 are slated to be shut down in 2015, the state insurance department announced Friday.
The Colorado Division of Insurance wrote to state Senate Republicans Friday, notifying them that five more insurance carriers have ended plans for 18,783 more Coloradoans in just the last month. By far, the most canceled plans will come from Humana Insurance Company and Humana Health Plan.
That brings the state’s Obamacare total to almost 340,000 canceled plans, according to Republican Rep. Cory Gardner, who’s in a tight race for Senate with incumbent Democrat Sen. Mark Udall.
“Coloradoans continue to pay the price for Senator Udall’s broken promise,” Gardner said in a statement Friday. “It’s unfortunate that Senator Udall has been so eager to please President Obama that he has forgotten thousands of Coloradoans across our state.”
Widespread Obamacare cancellations have been a political loser for Obamacare-supporters across the country, but the issue is especially fraught in Colorado.
Udall, who voted for Obamacare and made the same debunked promises as President Obama that Americans could keep their health insurance plans, took heat earlier this year when emails suggested that his office tried to interfere with a state analysis of the number of plans cancelled by Obamacare. He was cleared of wrongdoing by a panel that refused to document its hearing.
But while over 18,000 people will be losing their coverage this month, that’s nothing compared to next year.
The Obama administration said it would allow states to extend health care plans that aren’t compliant with Obamacare through the end of 2016 and pushed the political responsibility for deciding when the plans should be canceled onto state officials. Colorado decided to extend plans through Dec. 31, 2015 — the remaining 192,942 Coloradoans that still purchase non-complaint health plans will have those canceled next November.
Far from being an unknown glitch in the health-care law, the Affordable Care Act provision that outlaws certain insurance plans was in part intended to help drive healthier, previously-insured customers to Obamacare exchanges so that insurers’ pools of customers were less populated by people with a pent-up need for health care.
The Obama administration’s several administrative fixes, which allowed states to decide whether they’d allow insurers to keep offering the plans for up to three years, make it more difficult for insurers to be profitable in Obamacare exchanges. The changes were likely part of the administration’s reasoning in its decision to open the door to using taxpayer funding to bail out companies on the exchange who suffer losses on Obamacare exchanges.
Udall’s campaign said that the Senator had pushed for Colorado to extend canceled plans for another year.
“There’s nobody more upset about the bungled roll out of the health care law than Mark,” Udall spokesman James Owens said. “That’s why he pushed the governor to use the authority to allow folks to keep their plans.”
Under the Obama administration’s current policy, all noncompliant plans will be canceled by Dec. 2016.