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Monday, July 3, 2017

For One Manufacturer, Dropping Health Insurance Worked -- But Only For A While quoting : Forbes

Fewer employees took insurance. Rowen dreaded returning to the group insurance market, where he feared he'd have to spend between $150,000 and $200,000 to insure his group. Not more than half his employees took up the offer of coverage. Many critics of the law argue that those market reforms have made small group coverage more expensive. It would also be the only year: last December, Susquehanna Glass returned to the group market.



For One Manufacturer, Dropping Health Insurance Worked -- But Only For A While
Under the new GOP plan, however, insurance companies could obtain waivers to bring back these limits on coverage. Under the GOP bill, states can easily obtain waivers exempting insurance companies from various requirements. But hold on a second here.… How could insurance companies possibly remain in business this way? Suddenly, it becomes clear how the GOP plan is able to eliminate the individual mandate while still enabling insurance companies to make handsome profits – by screwing consumers. One essential protection under Obamacare is that insurance companies can no longer impose annual or lifetime limits on coverage.

2 Southwest Washington Counties Will Get Health Insurance Providers . News

Washington Insurance Commissioner Mike Kreidler has spent June talking to insurance providers, asking them not to pull out of rural counties. And now he says Molina Healthcare and Bridge Span Health will offer plans in Klickitat. Insurance commissions in Washington and Oregon are now reviewing rate proposals for next year. I didn't know whether I would get any insurer to come back into the market."Many health insurance companies are no longer offering policies in rural counties because they say it's not profitable and they're nervous about the uncertain future of the Affordable Care Act. Last week he announced Premera Blue Cross would offer two plans in Grays Harbor County.


collected by :Lucy William

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