One of the concerns about health insurance shopping is a lack of choices, especially in the individual market. We are one of just two plans on healthcare.gov still offering plans across Louisiana, even as other health plans have dropped out over the past few years
Sometimes we get emails and communications from our members that project a ton of uncertainty and fear. Like this one:
Early in 2009, my boss directed me to become an expert on the ongoing negotiations in Washington, D.C. that eventually became the Patient Protection and Affordable Care Act (ACA), signed into law on March 23, 2010.
Fourteen years ago, I was working for a collapsing telecom company that had just shut down the division I worked for and laid off about 70 of us. Three months later, I began my career here at Blue Cross, and as a cancer survivor, you might imagine I was VERY interested in getting health insurance coverage.
As I sit here in mid-April, I can’t help but think of all the times in the past four years I’ve been confronted by folks who got HUGE tax bills at the end of the year because they bought their health insurance on healthcare.gov, made some errors computing their income and got hit with a surprise bill. This is a great time to review how the Advanced PremiumTax Credits on healthcare.gov work and how to avoid getting nailed with a huge tax bill at the end of the year.