glen4cindy wrote:Well, that surely explains it all!
Before Obamacare was even thought of, I applied for private insurance because do contract work.
I was classified HIGH RISK because a few months prior had a surgical procedure to CORRECT acid reflux.
I was told that had I KEPT the reflux, I would not be high risk, even though acid reflux causes CANCER!
So, I was offered a plan that Illinois has called I-CHiP which is administered by Blue Cross. It is pretty much a BCBS PPO plan. Only, it is very expensive.
The bad thing is that the premium goes up about every 6 months.
About a month ago, I receive a letter, stating that.......according to the provisions of "The Affordable Care Act" and "as provided by law" my premiums are to go up
by 150%! Seeing that I already pay about $550 per month, That makes MY "Affordable Care" $825 per month!
So, I call BCBS and I am told that my plan is going up by that amount because it will not exist any longer! So, basically what I will be placed into, unless I choose something
different, is the most expensive possible coverage they can find.
And supposedly, I have to wait until October, when I will actually have "Affordable" options to chose from, and per the provisions, none of my "pre-existing" conditions will be held against me.
We shall see.
Well surprise -- but you have that plan because of one of the earliest benefits of the ACA, to have high risk plans for people too sick to even be insurable. Without the ACA you would be left with no private insurer wanting to insure you, like millions of other Americans with pre-existing conditions. Illinois has actually had a high risk plan for uninsurable people for years and yes, it's costly, but if you have cancer, it's the difference between life and death. (It was mandated by the state government, so is that State Obamacare?). Obamacare opened up such high risk plans, nationally, as a concession to a plan floated by Sen. John McCain who wanted such high risk plans.
On October 1 when the exchanges open, you will be able to buy an individual policy in a community 'risk pool' with everyone, no longer just extremely sick people as you are now. So your monthly premium should go down. Under the ACA, the only factors to consider an individual's monthly premium is his age and whether or not he smokes. Your ailments do not affect your personal premium. So you should pay no more than other people in your geographic area of the same age.
And if you are lower income you may qualify for additional subsidies on the premium costs.