The Current State Of ObamaCare - ACA

we got to plya del Carmen every year... but now I have kids in real school so we got to make the dates work with the spring break thingy....

The college girl and teenager are not invited. Adults only.

I take them somewhere at Spring Break and to Catalina 2 weeks a year.

This is the getaway trip!
 
10/22/2014

A Summary of 2014 ObamaCare-related enrollment through June 2014:

Excerpt:
"While most of the attention has focused on the new health insurance exchanges, the data indicate that a significant share of exchange enrollments were likely the result of a substitution effect—meaning that most of those who enrolled in new coverage through the exchanges during the open enrollment period already had coverage through an individual-market or employer-group plan. Given that increased enrollment in Medicaid accounted for 71 percent of the net growth in health insurance coverage during the first half of 2014, the inescapable conclusion is that, at least when it comes to covering the uninsured, Obamacare so far is mainly a simple expansion of Medicaid."

Source: Obamacare

ALSO...

"Insurers doing business on HealthCare.gov will be allowed to terminate their health plans if there's a halt on federal tax credits that help most Obamacare customers buy the coverage, according to new language for 2015 contracts.

The language giving insurers the new opt-out does make clear, however, that individual state laws still may force insurers to continue the coverage.

insurers must sign the new contracts by the end of Wednesday or they will not be allowed to sell insurance on the federal exchange. The language was inserted amid ongoing legal challenges to the tax credits, also known as subsidies, for HealthCare.gov customers in at least 36 states."

Ref: http://www.cnbc.com/id/102107358

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The current state of Obamacare sucks. When you have only one carrier you send all your biz to because they blow everybody away in rates that's not good. It's not good for the clients and it's bad for agent commision rates.
 
The current state of Obamacare sucks. When you have only one carrier you send all your biz to because they blow everybody away in rates that's not good. It's not good for the clients and it's bad for agent commision rates.


That will not change. Going forward you will see more states with the same situation. One carrier dominates.

Care to guess who that might be?
 
That will not change. Going forward you will see more states with the same situation. One carrier dominates.

Care to guess who that might be?

New kid on the block here in NY, Health Republic, the only CO-OP, expected to get 30k cases the first year. Rates were low, network was decent, ended up with almost double that the first month and pushing 200k the first year.

The price sensitivity dynamic in this new marketplace is crazy. We're going to see more and more business funneled into the lowest bidder.
 
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