On the recordJuly 17, 2012
Let me take that a little further. I wish I'd had this law when I was insurance commissioner because I used to see this all the time when I'd get complaints. We had a consumer hotline, and we would take several thousand calls a week. We'd always get these complaints about: They dropped my insurance. {time} 2000 And we get from businesses, They dropped my insurance. Why did they drop the insurance? You said it right on target. Suddenly one of the members of the workforce of a small group of people had a significant illness. When it came time for the annual renewal--insurance is an annual thing that is renewed every year--they heard back, I'm sorry. We can't renew you this year because we're changing the market. All kinds of excuses. But the reality was there was one sick person in that group. This law will end that. There's also the opportunity for people that have become unemployed in this economy to get a job, particularly if that person happens to be 50 years or older. That person today has a preexisting condition called ``age.'' They're beginning to enter that part of life where you're going to have more medical issues, and employers go, Wait a minute. We don't have a position for you. We're not discriminating based on age, but your resume isn't exactly the way it ought to be. It's very difficult for a person 50 and older to get back into the workforce because of health insurance.…
Source
govinfo.gov




