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Blue Cross Blue Shield of Illinois informed it's agent community today that all non-grandfathered individual health insurance plans will be automatically converted to an Affordable Care Act compliant plan on January 1, 2014, unless the member chooses to purchase an ACA compliant plan before that date. It's expected that the premium will be significantly higher. (Premiums are expected to be shared at some point in September. Hopefully EARLY September.)
However, 48% of Illinois residents will qualify for a Federal Subsidy that will offset the higher premiums, to some degree.
See if you qualify: Subsidy Calculator | The Henry J. Kaiser Family Foundation
Postcards will be sent out to all BCBS-IL policy owners "in the coming weeks". It will tell them how to make an informed choice when the Exchanges open on October 1st.
For efficiency and time-saving reasons, BCBS-IL members who have an agent should contact that person for assistance and guidance.
When more info becomes available regarding Blue Cross Blue Shield of Illinois as we move into 2014 (plans, prices, network, commissions, etc.), I'll add that information to this thread.
-Allen in Chicagoland
However, 48% of Illinois residents will qualify for a Federal Subsidy that will offset the higher premiums, to some degree.
See if you qualify: Subsidy Calculator | The Henry J. Kaiser Family Foundation
Postcards will be sent out to all BCBS-IL policy owners "in the coming weeks". It will tell them how to make an informed choice when the Exchanges open on October 1st.
For efficiency and time-saving reasons, BCBS-IL members who have an agent should contact that person for assistance and guidance.
When more info becomes available regarding Blue Cross Blue Shield of Illinois as we move into 2014 (plans, prices, network, commissions, etc.), I'll add that information to this thread.
-Allen in Chicagoland