Man with canceled insurance: "I knew it was coming"
BATON ROUGE - Tens of thousands of Louisiana residents are realizing an uncomfortable truth; they won't get to keep their individually-purchased insurance when new health care regulations kick in next year.
Duane Leger received a letter that his policy didn't meet the essential care standards of the Affordable Care Act, and he'd have to pick a new policy.
"I know that the policies would have to meet certain standards with the health care law. And I knew it was coming. I was hoping in the back of my mind it wouldn't," he told News 2.
The state's insurance commissioner, Jim Donelon, said policies for an estimated 90,000 Louisiana residents will be canceled because they don't meet the new health care law's standards. Insurers will offer their policyholders new options, but Donelon said those policies will most likely cost more.
The Obama administration said people who purchase individual plans could qualify for subsidies which offset any increases in premiums.
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