Today, because of the new health insurance law, my adult 24 year old son could be one of the 215,000 North Carolinians who will be getting a refund on the money he overpaid into the individual plan that he was forced to get when his group coverage was dropped on his college graduation.
Just this month, because of the Health Care Reform law signed this spring by Obama, he was able to drop this inadequate and overpriced coverage because we could add him to my husband’s health insurance policy.
According to WRAL (the NBC affiliate in Raleigh), Blue Cross Blue Shield of North Carolina will refund $155.8 million to 215,000 policyholders--the result of the national health reform effort.
The refunds will be issued within the next few months (by the end of the year) to those who had certain individual or HSA (Health Savings Account) policies on March 23—the day Obama signed the Patient Protection and Affordable Care Act of 2010 into law.
The one-time refunds are the result of new rating and grandfathering rules in the health reform law.
So my questions are—if Republicans take over the House and get what they want, will every dependent young adult under 26 who is covered because of "Obamacare" once again lose group coverage and be forced to pay more for health insurance that they can ill (no pun intended) afford?
And will my son, along with 214,999 others in NC, be forced to give back their refund?
http://www.wral.com/...