"Do not worry, we are in very good shape!"But the individual insurance market is not in such good shape. In his high-stakes strategy to overhaul the federal health law, President Donald Trump is threatening to upend the individual health insurance market with several key policies. Meanwhile, major insurance companies like Aetna and Humana have already announced that they won't participate in the health exchange market for 2018. Despite the woes, insurance analysts say they doubt the individual market would stay down for long. That effectively kept healthy people out of the new markets, "after companies had set their prices," Giesa said, resulting in some big losses for insurance companies.
220,000 retirees claim victory against NC over health insurance costs
by: Allison Latos Updated: Jun 8, 2017 - 11:44 PMHundreds of thousands of North Carolina retirees who are fighting for their benefits have claimed a major victory in court. "We were judges, superintendents of schools and prison guards and state Highway Patrol, the SBI (State Burea of Investigations), all kinds of state retirees," Futrelle said. She sued North Carolina and the class-action case grew to 220,000 plaintiffs. State Sen. Dan Bishop, R-Mecklenburg, said North Carolina is in a $60 billion hole over unfunded pension and retiree health benefits. Futrelle said after she retired the state broke a promise by changing her health insurance benefits and charged a premium for her 80/20 plan.
collected by :Lucy William
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