200yrs2late
Resident Parrothead
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I Root For: East Carolina
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BCBS considering dropping ACA coverage in NC
http://www.newsobserver.com/news/busines...36351.html
Quote:“We can’t offer something for sale in this marketplace that we know every time it’s purchased we’re losing money,” Wilson said.
A move by Blue Cross to stop offering federally subsidized policies would force more than 300,000 North Carolina residents to try other insurers, if they still offer ACA coverage, or revert to being uninsured. A withdrawal by Blue Cross would be acutely felt, as it’s the only insurer under the ACA that offers coverage in all 100 counties in the state.
Both Wilson and Goodwin said that the ACA would be more stable financially if Medicaid were expanded to accept more people and if North Carolina ran its own insurance exchange, options that the state’s GOP-dominated legislature rejected.
Every time a policy is sold BCBS losses money. One of their solutions is to expand Mediaid and shift the responsibility from the insurance company to the taxpayer, but they will still be losing money on every plan sold. That means the issues ins't the non-expansion of Medicaid in NC. Medicaid already covers more than 10% of NC's population.
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02-11-2016 02:41 PM |
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Fo Shizzle
Pragmatic Classical Liberal
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Location: North Carolina
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RE: BCBS considering dropping ACA coverage in NC
Pretty much if you live East of I95 NCBBS is the only option for you. What happens when they drop?
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02-12-2016 10:08 AM |
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200yrs2late
Resident Parrothead
Posts: 15,363
Joined: Jan 2010
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I Root For: East Carolina
Location: SE of disorder
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RE: BCBS considering dropping ACA coverage in NC
(02-12-2016 10:08 AM)Fo Shizzle Wrote: Pretty much if you live East of I95 NCBBS is the only option for you. What happens when they drop?
Closer to east of Raleigh. United HealthCare and Aetna are around, but mostly as employer sponsored or govt plans. A good deal of providers around here don't really like them.
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02-12-2016 10:40 AM |
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