If you wish Your Health Care Plan you’ll Keep It?
Remember at a government building meeting in New Hampshire on August 11, 2009, the President said, “if you wish your health care plan, you’ll keep your health care plan.” I even have been within the insurance business for several years, and as we’ve migrated toward the implementation of the Affordable Care Act, it became increasingly more obvious that you simply wouldn’t be ready to keep your health care plan. Many of the insurance carriers have left the market. Since the bill became a law, a number of the carriers that I even have worked with over the years like Principal Financial, American Community, World Insurance and American Republic, have left the insurance Market. If you had one among those carriers, guess what, you can’t keep your health care plan.
This weekend several of my clients insured with Celtic insurance, received letters that their plans aren’t health care reform compliant and that they are going to be terminated effective New Year’s Eve , 2013. that’s a pleasant piece of mail to receive. Celtic may be a carrier I even have placed tons of business with over the years. i used to be featured in their half-moon of 2012 newsletter as their featured agent for the quantity of production I did thereupon company. Celtic is predicated in Chicago and is owned by Centene Corporation (CNC).
While I even have seen most of the carriers new plans to be compliant with the law, I knew my personal insurance plan would likely change. i really like my Health bank account (H.S.A). I even have a $5000 deductible and that i pay all charges up thereto amount. I even have also funded the bank account for the medical expenses i’ll incur.
Today, I received the letter from Blue Cross/Blue Shield of IL. the primary paragraph of the letter states, “The new health care law is effective January 1, 2014, and Blue Cross and Blue Shield of IL (BCBSIL) is offering brand-new plans with important benefits and features. this suggests the BCBSIL insurance plan you now have will not be available for renewal as of New Year’s Eve , 2013.”
It goes on to inform me they’re going to send me information within the near way forward for an identical plan or a special plan that might be available. Now I knew today was coming, but it hits you harder when it actually applies to you. As a broker, I can usually find out what quite insurance is best for every client. As a parent, and husband, i do know what quite insurance is best for my family. I also believe that insurance should be quite like auto or homeowners insurance in such a lot as, they’re designed to buy belongings you cannot buy yourself. My auto insurance doesn’t buy my oil changes on my car because it’s preventive. I still get the oil changed every 3,000 miles albeit my insurance doesn’t buy it. i’m going see a doctor periodically and that i haven’t any problem paying the $100 every so often to ascertain the doctor. I don’t need a co-pay of some kind to encourage me to travel to the doctors. If i’m sick i will be able to go. I don’t need maternity on my health plan as i’m not having children.
I have also always had insurance even once I was 23 years old and only made about $17 or $18,000 per annum .