As expected, the sale of Short Term Medical plans has been banned in The Golden Sate:
"The California Legislature has passed a bill banning the sale of short-term health insurance plans"
These plans offer reduced premiums (and, of course, benefits) and have proven to be a popular alternative to expensive ObamaPlans, partly because they're partially underwritten and priced according to actual risk.
But the folks in Sacramento think they're a bad deal, and have decided to derive their citizens of choice in the health insurance marketplace. Of course, it's those citizens who elected these officials, so they really have only themselves to blame (or credit).
The bill awaits Governor Brown's signature, which we presume will be forthcoming shortly, and the law will take effect this coming January.
[Hat Tip: co-blogger Bill H]
from InsureBlog https://ift.tt/2BC341w
via
No comments:
Post a Comment