The irony is thick with this report from Colorado.  The Chairman in charge of getting the Red State Democrats re-elected to the Senate is none other than Colorado’s Mike Bennet. Bennet even brags about his role in Obamacare on his Senate Web-Page. D’oh
DENVER (ABC 7) – More than 250,000 Coloradans are losing their health insurance because of the Affordable Care Act, also known as “Obamacare.” That’s according to the state Division of Insurance in a count of people on health plans canceled by 23 carriers in the wake of new federal requirements.
In some cases, the insurance plans do not include the benefits that are required by the law as of Jan. 1. In other cases, the companies don’t want to write that particular line of business any longer.
“There were a lot of plans out there that were bare bones with limited benefits that didn’t offer protection from serious financial ruin,” said Vince Plymell, with the Colorado Division of Insurance. “The idea is that the coverage will be improved, and people will have access to that coverage where they didn’t before. For example, individuals don’t have to worry about pre existing health conditions.”
The state agency announced Wednesday that 106,083 people are on individual plans that are being canceled. Approximately 75 percent of those people were covered by the Kaiser Foundation Health Plan of Colorado and Anthem-affiliate company HMO Colorado, the Colorado Department of Regulatory Agencies reports.
Another 143,116 people are losing insurance plans from the small group market. DORA reports the same two companies covered 76 percent of those people. (read more)