As Insurers Face Health Care Law Requirements, Customers Face Cancellations

ObamaCare’s new mandates and regulations are causing insurers to significantly raise premiums or drop out of the market and cancel existing policies. This directly contradicts promises by supporters that if you like your plan, you can keep your plan. “In the letter sent to the Alcantaras and other customers, Grand Prairie-based National Health Insurance Co. said it could no longer offer individual accident and health insurance policies. It blamed its decision on the company’s inability to meet requirements of the health care overhaul signed into law this year.”