Let’s say you didn’t make the deadline to enroll in Obamacare. Maybe it was unaffordable at the time and your financial situation just got better. Maybe you were waiting for a raise, or a spouse to start a new job. Maybe you got a little inheritance and can now afford to insure your family. Regardless of the circumstance, you may not be able to purchase it at all, that is until open enrollment rolls around again, which is right around November 15th of this year.
That’s right! Insurance companies do not have to sell you insurance. In fact, do you remember the warnings from the Tea Party when this bill first came out? They warned that perhaps you don’t purchase insurance until you get sick; you need treatment and it will be quite costly. We were told that Obamacare would guarantee that you would get covered and could not be denied coverage no matter what. No worries on pre-existing conditions as Obamacare is here, right? Well not quite.
Obamacare doesn’t prevent insurance companies from selling policies to you, but insurance companies are reluctant considering the “risks” associated with insuring people in poor health. Once again, they are not allowed to reject you because of a pre-existing condition. So how do they get around it? They refuse to sell you insurance, PERIOD.
“If you don’t have an open enrollment period, you would have people who would potentially enroll when they get sick and dis-enroll when they get better – the only insured people would be sick people, which would make insurance unaffordable for everyone,” said the spokesman for insurer Kaiser Permanente, Chris Stenrud.
It doesn’t matter if you are rich, young, healthy, sick or go directly to a private insurance company. You may just find yourself locked out with no way to purchase insurance.
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