Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
New Blue Cross Idaho proposal
Old 02-16-2018, 03:30 PM   #1
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Posts: 1,226
New Blue Cross Idaho proposal

It's rare to read in the popular press about the plight of median-income self-employed folks under the ACA. Blue Cross of Idaho is one of the rare major insurers acknowledging our plight, and trying to do something about it, as the following article describes:

Blue Cross of Idaho Non-Obamacare plan proposal

Enjoy!
__________________

socca 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 02-16-2018, 03:48 PM   #2
Thinks s/he gets paid by the post
walkinwood's Avatar
 
Join Date: Jul 2006
Location: Denver
Posts: 3,092
Quote:
Originally Posted by socca View Post
Check out medically-underwritten short-term plans (google it!) These aren't appropriate for everyone, but then, neither is the ACA. After DHHS complies with Trump's executive order, 'short-term' will return to meaning 364 days from the current 3 months.

It's rare to read in the popular press about the plight of median-income self-employed folks under the ACA. Blue Cross of Idaho is one of the rare major insurers acknowledging our plight, and trying to do something about it, as the following article describes:

Blue Cross of Idaho Non-Obamacare plan proposal

Enjoy!
From the link above
Quote:
If someone applies for a state-based plan, Blue Cross will be allowed to look at the customer’s medical history, require them to fill out a questionnaire about their health, and charge them more if they’re deemed likely to need medical care.
We're back to the old. Health Insurance is affordable if you don't need it. As soon as you do, you're screwed.
__________________

walkinwood is offline   Reply With Quote
Old 02-16-2018, 05:55 PM   #3
Full time employment: Posting here.
CaliforniaMan's Avatar
 
Join Date: Dec 2013
Location: San Diego
Posts: 880
Quote:
Originally Posted by walkinwood View Post
From the link above

We're back to the old. Health Insurance is affordable if you don't need it. As soon as you do, you're screwed.
The sad fact is that for many older people their medical care is just too expensive for reasonable premiums to cover. Better to get rid of them, insure the young. And if you are young, better stay young, because you are screwed when you get old. Why do we keep trying the same things expecting different results?
__________________
Merrily, merrily, merrily, merrily,
Life is but a dream.
CaliforniaMan is offline   Reply With Quote
Old 02-16-2018, 08:37 PM   #4
Thinks s/he gets paid by the post
 
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 4,086
Almost makes one glad to hit 65 years old and get on Medicare.
Bamaman is offline   Reply With Quote
Old 02-16-2018, 09:31 PM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
 
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 25,779
Quote:
Originally Posted by walkinwood View Post
From the link above

We're back to the old. Health Insurance is affordable if you don't need it. As soon as you do, you're screwed.
Not really... as if they don't like the underwritten price they can always go buy an ACA plan.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 56...target 65/35/0 AA TBD
pb4uski is offline   Reply With Quote
Old 02-17-2018, 06:56 AM   #6
Thinks s/he gets paid by the post
growing_older's Avatar
 
Join Date: Jun 2007
Posts: 2,657
Quote:
Not really... as if they don't like the underwritten price they can always go buy an ACA plan.
But having siphoned off anyone who did qualify for the "young healthy" insurance, the ACA risk pool will need to be priced higher, too.
growing_older is offline   Reply With Quote
Old 02-17-2018, 08:57 AM   #7
Thinks s/he gets paid by the post
Mr._Graybeard's Avatar
 
Join Date: Apr 2011
Posts: 1,686
Quote:
Originally Posted by growing_older View Post
But having siphoned off anyone who did qualify for the "young healthy" insurance, the ACA risk pool will need to be priced higher, too.
I believe a broad premium increase would result in a higher IRS subsidy rate. Certain actions in Washington resulted in a big bump in premiums this year, but ACA subsidies also rose.
Mr._Graybeard is online now   Reply With Quote
Old 02-17-2018, 09:24 AM   #8
Full time employment: Posting here.
GTFan's Avatar
 
Join Date: Apr 2013
Location: Atlanta
Posts: 906
I'm not sure that these non-ACA compliant plans will fly, legally. They will certainly be challenged in court.
GTFan is offline   Reply With Quote
Old 02-20-2018, 02:31 PM   #9
Full time employment: Posting here.
 
Join Date: Jan 2014
Posts: 950
HHS has published a proposed rule allowing non-compliant Short-Term Medical (STM) plans to return to 364 days duration. They are currently limited to 3 months.

STM Proposed Rule: https://s3.amazonaws.com/public-insp...2018-03208.pdf
MBSC is offline   Reply With Quote
Old 02-20-2018, 03:17 PM   #10
gone traveling
 
Join Date: Mar 2015
Posts: 3,508
Quote:
Originally Posted by CaliforniaMan View Post
And if you are young, better stay young
I never knew that was an option!
Now they tell me...
joeea is offline   Reply With Quote
Old 02-20-2018, 03:20 PM   #11
gone traveling
 
Join Date: Mar 2015
Posts: 3,508
Quote:
Originally Posted by Mr._Graybeard View Post
Certain actions in Washington resulted in a big bump in premiums this year, but ACA subsidies also rose.
In some states (like mine) they did.
joeea is offline   Reply With Quote
Old 03-10-2018, 10:55 AM   #12
Full time employment: Posting here.
GTFan's Avatar
 
Join Date: Apr 2013
Location: Atlanta
Posts: 906
HHS denies Idaho's attempts to end-run the ACA: http://www.early-retirement.org/foru...ml#post2023063
GTFan is offline   Reply With Quote
Old 03-11-2018, 07:19 AM   #13
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jan 2018
Location: Tampa
Posts: 6,001
Quote:
Originally Posted by Bamaman View Post
Almost makes one glad to hit 65 years old and get on Medicare.
Interesting thought. Got 7 years to go, but was thinking this thought as wondering if ACA will survive 7 more years.
__________________

__________________
TGIM
Dtail is online now   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
Anthem Blue Cross Blue Shield Mulligan Health and Early Retirement 4 07-06-2012 05:03 AM
Blue Cross TraditionPLUS Hospital Program scrabbler1 Health and Early Retirement 0 03-07-2011 10:04 PM
Blue Cross huge rate increase what to do gquiring Health and Early Retirement 40 12-18-2009 04:31 PM
Anthem Blue Cross - for ER Disappointed FIRE and Money 6 04-28-2008 05:58 PM
Retire in Michigan... Blue Cross and Blue Shield TallCotton Health and Early Retirement 5 02-10-2007 08:33 AM

» Quick Links

 
All times are GMT -6. The time now is 01:24 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
×