Georgia Governor Signs Bill Allowing Out of State Carriers

[GreenSky]

If I lived in OH and bought their Enhanced copay 80 with a $1000 deductible for $113 per month as soon as I notify Humana I have relocated to GA my premium doubles and not because of the difference in mandates.

The legislators who thought this up don't understand this and never will, which is why it won't work.

Are you somehow suggesting that government interference in the free market might have increased insurance premiums?

You must be crazy! The government is here to help us, nothing more.

How else can we take care of ourselves without someone telling us what to do and what to buy?

Rick

 

[leevena]

This idea only works with national networks. Aetna, Humana, Cigna, etc have national networks so the policy can "travel" across state lines, many times without non-par penalties.

But carriers don't price their policies for "permanent portability" where some guy in GA can buy a policy from Humana in OH, the land of low rates, and enjoy the savings.

If I lived in OH and bought their Enhanced copay 80 with a $1000 deductible for $113 per month as soon as I notify Humana I have relocated to GA my premium doubles and not because of the difference in mandates.

The legislators who thought this up don't understand this and never will, which is why it won't work.

Sorry Bob, but I have to disagree with your conclusion. The carrier in low price state (Ohio) will decide which other state (let's use GA) to sell their Ohio approved plan. Long story short, they will arrange for a network in GA (if they don't have one already), and re-rate the costs for GA residents based off of that analysis. This is the same process they would do for a large, multi-state employer.
Hope you had a good weekend.
lee

 

[STIBROKER]

How else can we take care of ourselves without someone telling us what to do and what to buy?

Rick

Can someone tell me what to have for dinner......really tired of thinking about it......maybe pot roasted squirl......

 

[GreenSky]

Can someone tell me what to have for dinner......really tired of thinking about it......maybe pot roasted squirl......

Or maybe squirrel?

Rick

 

[STIBROKER]

Or maybe squirrel?

Rick

QUIT TELLING ME WHAT TO DO.......

 

[somarco]

The carrier in low price state (Ohio) will decide which other state (let's use GA) to sell their Ohio approved plan.

The way the GA law is written, outside carriers don't decide to come in to the state. Carriers already approved to issue coverage have the option of deciding if they want to offer plans they sell in other states in GA.

It really doesn't matter since I doubt any carrier will go to the trouble and expense of repricing and filing a plan from another state just so they can sell that policy in GA.

The comparison in group vs individual doesn't fly here. Sure, group carriers cover folks across state lines all the time because they are set up to do that. The home state benefits apply to all participants in the other 56 states.

Individual is not as streamlined nor is it priced to be sold across states lines. I will be surprised if any carrier belly's up to the bar on this one.