Authors Guild to Terminate Health Insurance
16th October 2013
About 900 actors, musicians, authors, architects, and other creative professionals who had been buying their health insurance through The Entertainment Industry Group Insurance Trust will no longer be able to do so because of a provision in ObamaCare.
“They are upset,” said David Rubin, the vice president and corporate secretary of TEIGIT, a Clifton Park, N.Y., health insurance broker that has existed since 1965 but whose business Mr. Rubin said will “fade away” under the new law.
Mr. Rubin noted that in making the case for ObamaCare, the president had repeatedly said that if people like their current employer-provided insurance, they would be able to keep it. “They were told that insurance was going to be unaffected,” he said.
But the Affordable Care Act disallows the single-employee sole-proprietor or husband-and-wife businesses from purchasing policies as employers. “One of the troubling things about this is a lot of mom and pop businesses are no longer considered to be a business,” Mr. Rubin said. “They are being thrown onto the individual exchanges.”
‘If you like your plan, you can keep it.’ Or maybe not.
How’s that Hope & Change workin’ out for ya?