Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
2017 Change to My Private Insurance (non-ACA)
Old 01-22-2016, 08:37 PM   #1
Recycles dryer sheets
nvestysly's Avatar
 
Join Date: Feb 2007
Posts: 417
2017 Change to My Private Insurance (non-ACA)

Sometime last year I received a letter from UHC (Golden Rule) that my private health care insurance is in full compliance with the PPACA and will remain in effect until September 2017.

I called my insurance agent at the time and he didn't offer any real explanation of what this letter means. The agent mentioned that some aspects of the PPACA will change, or be implemented, in 2017 and perhaps my carrier was simply informing me that all is fine now but depending on the changes my policy may be affected in 2017. Clear as mud, right? Sounds like a bunch of mumbo-jumbo to me.

In the past week or two I asked some different questions of my insurance agent and in replying to those questions he mentioned again that my policy is fine until September 2017 as long as I continue to pay the premiums and don't make any changes such as moving to another state.

For reference, I started my individual/private policy in August 2011. Is my August start date somehow related to the vaguely referenced September 2017?

Even though my policy is individual/private/non-exchange I realize it has to comply with the features of PPACA.

So enough of the history... Is something occurring in 2017 that may affect my policy?
__________________

__________________
Dreamin' of Streamin'
FIRE'd at 52 on 7/8/11
nvestysly is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-22-2016, 09:37 PM   #2
Thinks s/he gets paid by the post
 
Join Date: Mar 2010
Location: Kerrville,Tx
Posts: 2,709
Just a thought, since the date suggest is not the end of a year, you don't happen to turn 65 in Sept 2017?
__________________

__________________
meierlde is offline   Reply With Quote
Old 01-23-2016, 07:30 AM   #3
Full time employment: Posting here.
 
Join Date: Jan 2014
Posts: 661
Transitional relief for ACA Grandmothered plans was extended until September 30, 2017.

Grandmothered Plans: https://www.healthinsurance.org/blog...d-health-plan/

UHC notice for Transitional Plans: http://www.stephens-matthews.com/i/h...GRtrupdate.pdf
__________________
MBSC is offline   Reply With Quote
Old 01-23-2016, 07:30 AM   #4
Recycles dryer sheets
nvestysly's Avatar
 
Join Date: Feb 2007
Posts: 417
Quote:
Originally Posted by meierlde View Post
Just a thought, since the date suggest is not the end of a year, you don't happen to turn 65 in Sept 2017?
I also wondered why it was not the end of the year. I turn 65 in 2024 so Medicare is several years away.

I looked back through my records and I haven't found a copy of the letter yet. I hope I didn't throw it away. I found similar letters from previous years. In all cases the letters refer to September and the only thing I can think of is that's when my policy renews since I started it in August.
__________________
Dreamin' of Streamin'
FIRE'd at 52 on 7/8/11
nvestysly is offline   Reply With Quote
Old 01-23-2016, 07:44 AM   #5
Recycles dryer sheets
nvestysly's Avatar
 
Join Date: Feb 2007
Posts: 417
Quote:
Originally Posted by MBSC View Post
Transitional relief for ACA Grandmothered plans was extended until September 30, 2017.

Grandmothered Plans: https://www.healthinsurance.org/blog...d-health-plan/

UHC notice for Transitional Plans: http://www.stephens-matthews.com/i/h...GRtrupdate.pdf
Thanks. This forum is a wonderful tool! I looked all over and searched the internet but somehow came up with no answer.

Your links provide very useful information and make sense in my situation. I knew I wasn't in a grandfathered plan but hadn't come across the "grandmothered" term. By the way, the letter I received from UHC was not as straightforward as the one found in the link.

I don't want to make this a political thread but a different question comes to mind now. Whom should I "lobby" to gain another extension and perhaps make the extension indefinite? It sounds like I need to contact the executive and legislative branches of the federal government as well as state authorities. Sounds like it's letter writing time! I've been down this road previously on other subjects and it's disheartening to receive the standard response indicating my "concerns are understood and will be taken into consideration" but I guess I have to make my voice known.
__________________
Dreamin' of Streamin'
FIRE'd at 52 on 7/8/11
nvestysly is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Class of 2017 Bryan Barnfellow Life after FIRE 394 12-03-2017 07:48 AM
Retire from the Navy in 2017 HawkeyeNFO Hi, I am... 36 10-02-2017 08:47 PM
48 - Loooking to ER in 2017/2020. Is my plan real or I am dreaming? retire2020 Hi, I am... 18 01-11-2013 08:27 PM
52 - Semi-demi Fire 4/30/2017 cgarden Hi, I am... 3 12-15-2012 07:13 AM
Hi!! I am Ramona, 56, going to retire June 1, 2017 Ramona Hi, I am... 3 05-30-2012 05:15 AM

 

 
All times are GMT -6. The time now is 01:09 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.