Obamacare - - Why your plan was cancelled

[copterdoctor]

[LAGC]

Is that really true though? I only ask, because I honestly don't know.

I was under the impression that those metallic category labels (Bronze, Silver, Gold, Platinum) were just the bare-minimum of coverage levels (60%, 70%, 80%, and 90% respectively) that insurance companies had to provide in their plans.

I just have a hard time believing a plan with an AV of 96% is somehow considered "sub-par" -- I was under the impression that something like that could still just be sold as a Platinum plan (>90% coverage) and advertised on its merits.

Even if it is really true, seems like a simple legislative tweak to fix. Unless the insurance companies who helped draft the ACA designed it that way on purpose (which wouldn't surprise me either)...