It’s the media’s current ACA crisis. In other words, a lot of sound and fury, signifying very little.

The policies being canceled are those that don’t meet the ACA’s new minimum standards. All policy holders will be able to sign up for better policies. That’s the basic story. This short article in the New York Times explains what happened at a House committee hearing today:

Republicans were apparently furious that government would dare intrude on an insurance company’s freedom to offer a terrible product to desperate people.

http://takingnote.blogs.nytimes.com/2013/10/30/the-uproar-over-insurance-cancellation-letters/

It’s worth reading, if only for its humor value.