Looking at keeping your plan with the ACA

WEST MICHIGAN (NEWSCHANNEL 3) - As many as 2 million people are finding out that they are not able to keep their existing health care plans overall, even though President Obama said many times that anyone who wanted to keep their plan would be able to.

As many as 140,000 in Michigan cannot keep their insurance plans after all.

That's because many plans out there right now do not meet the minimum standards of the Affordable Care Act.

So, many companies are canceling those plans, and guiding customers into new plans that meet the ACA requirements, and in many cases, they're more expensive.

We talked with Joan Budden, the Chief Marketing Officer at Priority Health, who says that in most cases, the choice is up to each individual insurance company.

"Under the new law, there are new benefits designs that everybody who's buying a policy has to be enrolled in," Budden said. "Some companies are allowing you to continue to enroll in 2013 plans that will take you partially through the year, all the way through the year 2014. Other companies have chosen to end all their policies staring on 1-1-2014, in which case you can't have any carry-over at all into 2014."

Priority Health says almost all of its health plans do meet the minimum requirements of the new health care law, so most of its customers will not have to change.

Also, Priority filed for an extension with the state, so customers who enroll this year will be able to keep their current plans through most, if not all of the new year.