11/15/13 Senator Joe Donnelly this afternoon announced his support for the Keep the Affordable Care Act Promise Act (S. 1642), legislation that would allow Americans who like their current health care plans to keep them.
“I have said from the beginning that this healthcare law is not perfect, which is why I’ve repeatedly worked to improve it,” said Donnelly. “The problems with the website and canceled plans are unacceptable. That is why I am sponsoring legislation that would allow individuals to keep their current health plans.
“There are too many on the left who say that we shouldn’t change anything and too many on the right who say we should just repeal the entire bill. I’d rather work in a bipartisan way to improve the law so it works better for Hoosier families.”
The Keep the Affordable Care Act Promise Act would do three things:
• Require health insurance companies to clearly notify all current individual market policyholders as to why their plan is subject to being cancelled.
o Specifically, insurance companies would have to reference which parts of the policy do not meet the essential health benefit package and other requirements under the Patient Protection and Affordable Care Act.
• Prohibit health insurance companies from cancelling grandfathered plans in the individual market unless an individual cancels the policy, changes the policy, or defaults on payments.
• Reaffirm that grandfathered plans would qualify as minimum essential coverage.