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