Affordable Health Care Act
Morning all. We are fulltimers and rarely stay in one state more than 6 months in the winter and 1 month in the summer. We have our domicile at South Dakota. We do not qualify for medicare or medic...
Forum Discussion
orfsotr wrote:If your plan is grandfathered is your coverage grandfathered? Lifetime cap? I would check that out. The ACA stops the insurance companies on new policies from cancelling you so you don't have to go bankrupt because of an illness. Medical bankruptcies have been clogging our courts for years. I just don't get it why people have not followed this law. Young people can pay the penalty and not get insurance but they will go bankrupt if they become very sick or have an accident because you only have open enrollment for a certain period of time-you cannot just apply anytime you feel like it. The collectors will come for the money owed if you do not have insurance-believe it.
If you are happy with your current insurance plan why not just keep it? I got a letter from my insurance co stating that since I already had coverage I did not need to change it unless I elect to do so.
