“If you like your plan, you can keep it.” Heard that before?
It might be true… if you have the same plan you had when the Affordable Care Act was passed on March 23, 2010. If that’s you, then you have a “grandfathered” health insurance plan and you can keep it.
But most people have had some kind of change in their health insurance coverage since then. If you bought a health insurance plan after that date, you have a “non-grandfathered” plan, and you’re going to have to change.
When? Different insurance companies are handling this in different ways.
If you have and individual health policy with Blue Cross Blue Shield of South Carolina, you will be able to keep your policy until your normal policy anniversary date. So if your plan typically renews on July 1, for example, you’ll be able to keep your current plan through June 30, 2014.
What happens then?
At that time, if you’ve not found a different plan, BCBS will automatically transfer you to one of the new metallic level plans that meet the Affordable Care Act (ACA) guidelines. If you have a high deductible health plan (HDHP), typically with an HSA (health savings account), you’ll be put on a Bronze level plan. All other policyholders will be put on the “Silver 2” plan. (We can provide you with policy details about these plans).
What can I do about it?
If you’re healthy and want to keep a 2013 plan and price longer, then it might be a good idea to buy a policy with a different company now (make it effective November 1 or December 1). We can certainly help with that.
[button url=”http://www.easymedigap.com/quote/quotes.jsp”]Get a quote for a 2013 plan now[/button]
If you want to go ahead and move into an ACA plan January 1, you are not obligated to keep your current Blue Cross plan (or your coverage with any other carrier). We can help you consider the prices and benefits of the new plan, as well as your eligibility for premium tax credits.
[button url=”https://acforrest.com/contact-us”]Contact us to get quotes and info on 2014 plans[/button]
