Since early 2013, when we got the final rules for employers offering health insurance coverage under the Affordable Care Act, I have spoken to and met personally with literally thousands of employers to help them understand their compliance burdens under the ACA as business owners. Many of them were, and still are, Blue Cross customers. I want to take this opportunity to thank you for your loyalty to us. And because you’ve stuck with us, I want to tell you Straight about an ACA issue coming up now that could affect you.
Drug Company Magic: What’s the fastest growing thing that affects the cost of your health insurance premiums? The answer may surprise you.
Every year, tens of thousands of my friends and neighbors here in Louisiana turn 65 years old, thus “aging in” to the Medicare program. They will be joining over 55 million Americans already in the program.
I promised you I would take you more in depth on parts of President Trump’s Executive Order on healthcare. Today we look at Association Health Plans.
Just a few days ago, we got this post on Facebook:
“I want to start by saying thank you for helping my autistic son out so much for so long. He has made significant progress at the therapy center he goes to and he now has hopes for an independent life. But…I can’t afford you anymore. Last year, my son’s insurance went up significantly. We just received the letter, like last year, saying it was going up again a significant amount again next year. I cannot fathom paying anymore in insurance, which his alone is already more than my mortgage. More than my mortgage…How is it possible for anything to actually get better for my family at this breakneck pace… My son needs help….And I’ll probably stick with you….Because you’re the only safe option for my son.”
Do You Want Your Blue Cross Plan to Have Big Market Share?
Recently, I’ve read some news articles on a study talking about how concentrated health insurance markets are in different states. The study, thoughts from important officials and data all lead to one set of conclusions for our state: