Novembewr 7, 2013
There are nearly 250,000 Coloradans whose health care policies have been or will be cancelled as a result of the Affordable Care Act, the state’s Dept. of Insurance announced on Wednesday.
Many of the policies are being cancelled because of stipulations under the new law that force insurers to cover certain things that weren’t covered under the old policies; other plans are being cancelled by insurers because they’re no longer cost-effective.
The cancellation letters sent out by the insurers must notify a consumer that the 2013 policy is cancelled, and must also highlight options for new coverage.