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If you’re in California, then please sit up and pay attention ’cause this one’s for YOU! The new federal “stealth” care reform laws specify that by 1/1/14, health insurance “exchanges” in every state must be implemented. The exchanges will allegedly be designed as a health insurance online mall, giving consumers better tools to compare and… Continue reading Can I Exchange This?
Please… sit up straight and pay attention class, elbows off the desks. If you currently have an individual (not group) California health insurance plan with either Anthem Blue Cross OR Blue Shield, prepare for rate hikes heading our way October 1, 2010. The rate hikes range from 14% to 20% with Anthem Blue Cross, and… Continue reading Take A Hike!
In March of 2010, Congress passed and President Obama signed the Affordable Care Act—the new health law. The law creates a new program – the Pre-Existing Condition Insurance Plan — to make health coverage available to you if you have been denied health insurance by private insurance companies because of a pre-existing condition. A couple… Continue reading Uninsured? Uninsurable?
As I told you at the beginning of this actuarial dance, the State’s findings will be different from those of Anthem BC’s. Et voila! As a result of the State’s actuarial analysis, the following is hot off the presses: Commissioner Poizner released the following statement today regarding Anthem’s decision to withdraw its rate filing: “This… Continue reading For Your Immediate Reading – Anthem Blue Cross will not be raising rates
For subscribers in California, Anthem Blue Cross has announced that it will NOT be increasing individual premiums on 5/1/10 and for the foreseeable future, or at least until the State’s actuaries have completed their analysis of the proposed increase that had been scheduled for 3/1/10. The company must give subscribers a 30-day written notice… Continue reading Anthem Blue Cross alert
From the Los Angeles Times, a short Q & A. Can you spot the fatal flaw in the legislation? Tell me what you see.
Here’s another easy-to-read article about “stealth” care reform from CNN. If you have employer-based health insurance, this could effect you and your employer. And, for some, not in a good way. Remember, that if your employer’s costs are going up, those cost increases are going to be passed along to you. I especially like one… Continue reading More on Health Care Reform
This past weekend Anthem BC announced that, due to public and political reactions, the anticipated 3/1/10 rate changes have been postponed for a couple of months, to 5/1/10. Prior to an insurance carrier raising rates, CA State law says an insurer must prove that at least 70% of its income (your insurance premiums) is legitimately… Continue reading More news for Anthem Blue Cross members