Canceled Plan is Junk
Heard about the rash of “cancelled policies” “because of Obamacare”? Well, there’s a lot more to that story… but it can be summed up pretty quickly… Those ‘cancelled’ policies are “Junk Insurance”. Consumer Reports describes:
Barrette’s expiring policy is a textbook example of a junk plan that isn’t real health insurance at all. If she had ever tried to use it for anything more than an occasional doctor visit or inexpensive prescription, she would have ended up with tens or hundreds of thousands of dollars of medical debt.