good thing he doesnt have to defend that

Reader comment on: Quote of the Day

Submitted by ben (United States), Nov 2, 2013 21:01

When he goes home he can explain that the plans that aren't allowed did not provide meaningful coverage anyway in the case of major illness. High deductibles, low liftetime costs etc. Yes, the new plan might cost a bit more, but better to have something that actually will work if you need it than something that is defective and cheap.

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The Future of Capitalism replies:

I think they got rid of the lifetime caps immediately when the PPACA was passed, or at least shortly thereafter, so that would not apply to plans that are being canceled now. And in the case of the TEIGIT plans I wrote about the other day, the coverage was pretty good (I know because I used to be on it), the issue is whether the coverage in the exchanges will be not as good.

Other reader comments on this item

Title By Date
⇒ good thing he doesnt have to defend that
[w/response] [60 words]		benNov 2, 2013 21:01
↔ While lifetime limits were stopped in 2011, yearly limits stop in 2014 [135 words]LyleNov 4, 2013 20:26

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