General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUnder the ACA, WA state individuals and families will have 57 qualified health plans to choose from
This is a leap forward for many individuals who have been barred from the market because of pre-existing conditions. This is in addition to the expanded Medicaid program for lower income residents.
http://www.wahbexchange.org/news-resources/press-room/press-releases/washington-healthplanfinder-sees-competitive-health-plan-opt/
The Washington Health Benefit Exchange learned this week that nine health insurance issuers have filed with the Office of the Insurance Commissioner (OIC) to provide 57 Qualified Health Plans (QHPs) totaling 229 plan options for individuals and families throughWashington Healthplanfinder, the states new online health insurance marketplace.
This is great news for residents in our state. The rates weve seen filed in the individual market will go a long way to help individuals and families get the right coverage at an affordable price, said Richard Onizuka, Chief Executive Officer for Washington Healthplanfinder.
Washington Healthplanfinder will allow shoppers to find a plan that fits their needs and their budget by offering side-by-side comparisons of health plans based on a variety of factors such as cost, physician networks and quality improvement strategies.
In partnership with the OIC, the Exchange will review the 57 QHPs submitted for participation to ensure they offer required essential health benefits under the Affordable Care Act, while also meeting other state and regulatory requirements. Qualifying plans will be certified by the Exchange.
Additionally, the Exchange Board took action yesterday to approve the debut of the Small Business Health Options Program (SHOP) in select counties beginning Oct. 1, 2013. The Board action was required due to limited carrier participation in the SHOP that did not allow the Exchange to offer coverage options statewide. The counties, still to be determined, will be serviced by Kaiser Foundation Health Plan of the Northwest.
We are delighted to be working with Kaiser to provide small business options in our state, said Onizuka. While we were disappointed we did not have more participation in the SHOP, this new approach allows us to continue our commitment to providing health coverage options for Washingtons small businesses.
The Exchange staff worked closely with insurance issuers on both the individual and small business market offerings. Many issuers cited the difficulty in preparing products for the SHOP.
Like our individual market, the SHOP was prepared to be operationally ready on Oct. 1. Ultimately, insurers informed us their inability to participate was a resource issue, added Onizuka. Additional issuers have expressed interest in participating in the SHOP market starting October 2014, which will provide small businesses with more robust coverage options.
Changes to the SHOP will have no effect on the market for individuals and families, which accounts for 98 percent of the Exchanges January 1, 2014 enrollment target. Individuals making up to $45,960 and a family of four making up to $94,200 a year will be eligible for savings on their health insurance costs next fall.
More information about Washington Healthplanfinder and the Washington Health Benefit Exchange is available at www.wahbexchange.org
gopiscrap
(23,726 posts)Lee-Lee
(6,324 posts)There are only 3 companies offering plans in the exchange. And 2 of them are only offering in select countries. Meaning in many counties it is your choice of Blue Cross Blue Shield or Blue Cross Blue Shield.
Want in on the Small Business Exchange? BCBS or nothing.
My past experience with BCBS has been much less than satisfying, leaving me less than happy that they will be my only option here.
pnwmom
(108,955 posts)be offering plans in NC?
I do know even prior to this the number of companies offering any plans in NC was steadily dropping.
I have had 2 providers up and leave the state on me before, about 3 years apart, and both sent letters blaming it on the way the state is regulating insurance companies when they dropped me (and everyone else in the state). But I seriously doubt that was true, given that Democrats were running things in that time period.
Whatever the reason, I have my choice of one crappy company to work with.
pnwmom
(108,955 posts)I really am interested to see if Vermont will be successful in offering single payer.