Thousands of Health Policies Canceled Due to ACA Change
Belay is among some 120,000 Blue Shield customers -- which represent about 60 percent of its individual market -- who received such a letter in recent weeks. Other insurance companies have cancelled policies, telling their customers that their existing policies fall short of the 10 “essential health benefits” the ACA requires all plans to include beginning Jan.1, 2014, the day the health care law is fully implemented.