Thursday, October 13, 2016

"This system isn't working" former President Bill Clinton

Even former President Bill Clinton, while on the campaign trail for his wife, confirms Obamacare isn't working. It needs to be amended or repealed. The system is failing!

This is the current status of our healthcare and we haven't even hit Open Enrollment period for the 2017 health insurance plans, which is less than 3 weeks away.

Again this year there are BIG changes coming that may affect you....

1-United HealthCare care is NOT offering any individual plans in 2017. You may have an older plan with UHC that was written before Dec. 31, 2013. If so, that plan will continue through 2017, and possibly longer. Any newer plans will terminate Dec. 31, 2016. We will need to move you to a new plan for 2017.

2-Harken Health is changing its large National PPO into a small Regional Network HMO. If you are a Harken Health client, you will need a referral from a Harken Health Center doctor in order to see a specialist.

3-Aetna has dropped its PPO offering, and it is moving to HMO exclusively. It will probably offer that HMO off-exchange. This means if you currently have a subsidy on your plan, you will not be able to get it on your Aetna plan in 2017.

4-BCBS will likely remain the most stable carrier in its offerings, both on and off exchange. But like last year, they will not have the large national PPO as an option.

5-Coventry is supposed to offer its plans off exchange only, like Aetna.

6-Cigna is going to be offering individual plans in IL this year. We know very little about these but we can only hope there is something helpful there.

7-Molina Healthcare premiums have increased and they have lost contracts with many of their previous providers such as Wisconsin Children’s.

8-Rate Hikes-ALL the carriers are rumored to be planning some significant rate hikes in 2017. Press prognosticators are predicting increases of averaging 20%-45%.

We will not know exactly what’s going to happen until it is revealed on NOV 1-when Open Enrollment begins. I will have all of the relevant information on that date, and I will be ready to meet with you by phone and help you look for the best options for you and your family in 2017. 

This year we will want to discuss non-Obamacare options (such as short term medical and fixed benefit plans) for your family. These options may be the right fit for you, and give you better network coverage at roughly half the cost of the Obamacare options. These plans are not for everyone, but—because they might be a good fit for you—I want you to have knowledge of these plans so you can make an informed decision for your family.

In order to get a January 1, 2017 effective date for your new plan, we will need to apply sometime between November 1st and December 15th, 2016. The enrollment period will remain open until January 31, 2017 (which will get you a March 2017 effective date). The exchange will then close until next year, unless you experience a qualifying life event such as a marriage, divorce, birth, or loss of employer coverage.

Let’s schedule an appointment now! Because of the very tight time-frame, I will be doing most of these meetings via screen-share between my computer and yours. If you would prefer a traditional face-to-face meeting, I will make every effort to accommodate you.

I am licensed in the following states

Please feel free to contact me to schedule an appointment:
Stephanie Puryear
Executive Agent-Healthcare Solutions Team
Benefits Consultant-Licensed Broker
Health, Critical/Accident, Dental/Vision, and Life
Phone: (847) 530-8943 
Now and let’s schedule a meeting.