Originally Posted by
waterdog101
my friends and I were talking about car insurance, and I told him I had carried insurance with the same company for the past 15 plus years, and I changed companies and saved myself a little over 700.00 ever 6 months, thats when he said they need to cancel one of the health insurance policies, to save paying the two premiums, they both carry the family plans, and each are covered under both plans, a couple weeks later he told me that wal-mart told him that he couldn't cancel, until next November during open enrollment, I can see during open enrollment you choose a plan, that last for a year and then you can change it the next year, for a better plan or one of less coverage, but not being able to cancel it at any time you please, now that stinks..
Originally Posted by sweetwater View Post
Under the rules of the Affordable Healthcare Act (Obamacare) it's possible that your friends desire to change insurance coverage's so they can save money may not be listed as a qualified life event therefore the spouse's insurance company would not be allowed to accept your friend until they have an open enrollment period. If your friend wishes to drop Wal-Mart's coverage while still employed there and without first being accepted into another company coverage then it's likely Wal-Mart would not be allowed to discontinue their coverage. Just another case of a working person getting screwed by the gubment. did you not read my post, he has insurance coverage under his wife's family plan, and she has insurance coverage under his family plan, he just wants to cancel his insurance plan he has through working at wal-mart, to save himself the premium he pays each month, he will still have health insurance coverage under his wife's health care plan.
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