Wednesday, September 22, 2010

Major Health Insurers to Stop Offering New Child-Only Policies

This really should not come as a surprise to people paying attention during the ObamaCare debate. When government regulations force a company to take/risk a significant loss or discontinue a service they will choose the latter.

"Some of the country's most prominent health insurance companies have decided to stop offering new child-only plans, rather than comply with rules in the new health-care law that will require such plans to start accepting children with preexisting medical conditions after Sept. 23.

The companies will continue to cover children who already have child-only policies. They will also accept children with preexisting conditions in new family policies.

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