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For some, this won't be a big change, as their coverage may have a similar substitute available. However, it seems a group that's running into the most problems with this situation are the young, healthy (and non risk-averse) crowd. Via http://medcitynews.com/2013/10/many-michigan-will-lose-cheap-insurance-policies-dont-meet-aca-requirements:
The policies that are ending were often less expensive on the individual market because they provided limited benefits and were sold to healthier consumers.
And that was fine with consumers such as Josh Mulder.
Mulder had landed a plan several years ago that cost his Wixom family offour just $291 a month. That policy will end Dec. 31, according to a letter from his insurer.
The policy didn't cover things such as maternity care or prescription drugs, but, Mulder said, his family is generally healthy and he was willing to take the risk.
"I had a great rate," he said.
Rates that meet the required benefits under health reform average $762.06 a month on the Michigan Health Insurance Marketplace for his family of four, according to a cost estimator by the Michigan Department of Insurance and Financial Services.
Learn more at: http://www.lamborneinsurancequote.com and http://freep.com/affordablehealthcare