Have you noticed that emergency rooms began popping up in neighborhoods like Starbucks or 7-Elevens over the past couple of years? They promise you’ll be seen quickly with little or no wait time and health insurance should cover it, even if it’s out of network, since it’s an emergency room visit, right? It turns out, that may not be the case.
The options for individual and small business health insurance increased in the early days of the Affordable Care Act as health insurance companies fought to snap up new customers. However, as time went on, those options dwindled when carriers realized not enough healthy people applied for policies, many choosing to pay the penalty for not having coverage rather than the premium associated with having it. Rates increased as choices dwindled.
Insurance and politics may sound like strange bedfellows but they aren’t. They share the same bed more often than most people realize and the impact can be profound for individuals and business whether it plays out on the national or state level. Such is the case since Presidential Candidate Donald Trump became President-Elect. Let’s look at two instances which will unfold after January 20, 2017.
The health insurance market in Texas when through some pretty big changes in 2016 and it looks like even more are headed our way for next year. The Dallas Morning News published a number of articles during August on these changes, however, we’ll have to wait until the end of September before we know all of the details.
There are several changes coming to Texas health insurance in the coming months. The Dallas Morning News has reported several in the works in two recent articles; one involves the loss of an individual plan option and the other addresses requested rate increases. The changes will impact people with individual policies the most.
October 1 arrived on Tuesday, the first day to evaluate and enroll in one of the Affordable Care Act’s plans. The 17 States that have their own exchanges, along with the Federal exchange, were quickly swamped as millions of people attempted to get on and determine what the ACA meant to them personally.
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