Blue Cross Blue Shield of Texas Disscontinues 3 Limited Plans....

[STIBROKER]

Three Under 65 Major Medical Individual Texas Products Are Being Discontinued ​

In response to the legislative provisions associated with health care reform, Blue Cross and Blue Shield of Texas (BCBSTX) has decided to discontinue three existing products: PPO Select Value® Care SM, PPO Select BasicSM and Foundation Hospital Care.
All sales materials, except for the Application/Miscellaneous Change Forms that can be used to make changes to existing policies, are being removed from bcbstx.com the evening of July 29, 2010.

• Please note:
• All members currently enrolled in these plans will be unaffected.
• New applicants will not be able to apply online for these products after July 29, 2010.
• Paper applications received by August 13, 2010, will be processed.
• Paper applications received after August 13, 2010, will not be processed and will be returned to the applicant.
• The last effective date processed for these products will be September 15, 2010.

For more information, please contact your Blue Cross and Blue Shield of Texas Broker Services Representative at 1-800-531-4457, Monday through Friday, between 9 a.m. and 4:30 p.m. Central Time.
Sincerely,
Randy Starns
Director, Consumer Markets
Blue Cross and Blue Shield of Texas

 

[TXINSURANCE]

Re: Blue Cross Blue Shield of Texas Disscontinues 3 Limited Plans

My kids are on value care. I love it.

 

[STIBROKER]

Re: Blue Cross Blue Shield of Texas Disscontinues 3 Limited Plans

with an out of pocket max of $30,000....really........

My kids are on value care. I love it.

 

[medx]

Re: Blue Cross Blue Shield of Texas Disscontinues 3 Limited Plans

Three Under 65 Major Medical Individual Texas Products Are Being Discontinued ​

In response to the legislative provisions associated with health care reform, Blue Cross and Blue Shield of Texas (BCBSTX) has decided to discontinue three existing products: PPO Select Value® Care SM, PPO Select BasicSM and Foundation Hospital Care.
All sales materials, except for the Application/Miscellaneous Change Forms that can be used to make changes to existing policies, are being removed from bcbstx.com the evening of July 29, 2010.

• Please note:
• All members currently enrolled in these plans will be unaffected.
• New applicants will not be able to apply online for these products after July 29, 2010.
• Paper applications received by August 13, 2010, will be processed.
• Paper applications received after August 13, 2010, will not be processed and will be returned to the applicant.
• The last effective date processed for these products will be September 15, 2010.

For more information, please contact your Blue Cross and Blue Shield of Texas Broker Services Representative at 1-800-531-4457, Monday through Friday, between 9 a.m. and 4:30 p.m. Central Time.
Sincerely,
Randy Starns
Director, Consumer Markets
Blue Cross and Blue Shield of Texas

Just got the same email today as well......

Medicare Supplements

 

[somarco]

Re: Blue Cross Blue Shield of Texas Disscontinues 3 Limited Plans

Joe can afford it.

At least for now.

After Obamacare he will have to give up his grandfathered plan and buy something decent.

 

[TXINSURANCE]

Re: Blue Cross Blue Shield of Texas Disscontinues 3 Limited Plans

with an out of pocket max of $30,000....really........

Actually it is $10,000 individual and $20,000 family max OOP on the Plan I.

This plan has NO deductible and 50% coverage AFTER negotiated rates, which appear to average in the 50% range overall. 50% payout after 50% reduction = 75% off in my book.

I just took my daughter to the ER last month which was $700 (surprisingly low btw..). It was negotiated down to $400 which we split at $200 each.

$200 for an ER visit? Sign me up.

Month prior everyone was sick in Mexico. I paid cash, filed claim upon return and 10 days later I received a check in the mail for exactly half of what I paid out in cash (obviously no negotiated rates...).

I could put them on a HSA (which they were on with Unicare), and have $5000 to $1000 before them pay just about anything, or bump the OOP to $20,000 but have dollar one coverage the whole ride...

I have 3 very little ones - we played the HSA game since 2003 (I still do on my own personal policy). I paid out a small fortune in claims, not to mention the maternity I was screwed on (wait, that didn't sound good... lol)...

Value Care in my opinion was a hidden gem I pay $337/mo for wife AND 3 kids with NO deductible... Of course this rate won't hold post ObamaCare. From a sales perspective the plan didn't sit well with my clients as it was only 50% coinsurance and high OOP.

I guess the point of this post - we can all look back on the "good ole days" when there were options like this available and not a "one size" fits all approach. The innovation, competition, and choices are already beginning to fade - which is a huge loser for the public.

 

[GreenSky]

Re: Blue Cross Blue Shield of Texas Disscontinues 3 Limited Plans

Are you suggesting that health insurance will be different in the future? Well, as long as I can still get quality care without an undue wait like they have in Canada I'll be satisfied.

Rick

 

[medx]

Re: Blue Cross Blue Shield of Texas Disscontinues 3 Limited Plans

Actually it is $10,000 individual and $20,000 family max OOP on the Plan I.

This plan has NO deductible and 50% coverage AFTER negotiated rates, which appear to average in the 50% range overall. 50% payout after 50% reduction = 75% off in my book.

I just took my daughter to the ER last month which was $700 (surprisingly low btw..). It was negotiated down to $400 which we split at $200 each.

$200 for an ER visit? Sign me up.

Month prior everyone was sick in Mexico. I paid cash, filed claim upon return and 10 days later I received a check in the mail for exactly half of what I paid out in cash (obviously no negotiated rates...).

I could put them on a HSA (which they were on with Unicare), and have $5000 to $1000 before them pay just about anything, or bump the OOP to $20,000 but have dollar one coverage the whole ride...

I have 3 very little ones - we played the HSA game since 2003 (I still do on my own personal policy). I paid out a small fortune in claims, not to mention the maternity I was screwed on (wait, that didn't sound good... lol)...

Value Care in my opinion was a hidden gem I pay $337/mo for wife AND 3 kids with NO deductible... Of course this rate won't hold post ObamaCare. From a sales perspective the plan didn't sit well with my clients as it was only 50% coinsurance and high OOP.

I guess the point of this post - we can all look back on the "good ole days" when there were options like this available and not a "one size" fits all approach. The innovation, competition, and choices are already beginning to fade - which is a huge loser for the public.

That is his Plan all along.

Medicare Supplemental Quotes
Medicare Supplement
American Seniors Insurance Medicare Supplement