Obamacare Aftermath! What Comes After Open Enrollment and the Affordable Health Care Act (ACA) Has Industry Scrambling and Families Worried
(PRWEB) September 30, 2013 -- “The fourth quarter of 2013 is going to bring much uncertainty, confusion and simply put chaos among Americans as they prepare for the new future of healthcare brought to us by the Affordable Healthcare Act and the Health Care Insurance Marketplaces.”, says Scott Seward of 1-800-MEDIGAP.
Case in point:
1-800-MEDIGAP serves as the toll free hotline for Americans retiring and going on Medicare Supplement plans as they become eligible for Medicare Insurance. Jeff Cline the founder states that "calls to our hotline from confused seniors wondering if they were going to need to change to a Gold or Silver plan are so high hey have had to coach their advisers on how to handle confused seniors who mostly are not even affected by ACA, as far as plan options go." He goes on to say that much of the confusions is in part to the MEDICARE OPEN ENROLLMENT and the choice of the ACA "OPEN ENROLLMENT" terms use in the marketing and roll-out of the ACA. Further confusion for the seniors, is the fact that the time period overlaps with what has be commonly know as "OPEN ENROLLMENT" for people on Medicare Supplement and Medicare Insurance plans.
What does the future look like for consumers in 2014?
After all the chaos, comes reality and utilization. Simply put, families that utilize their new coverage will be in for a rude awakening if they have to pay their portion of services rendered between 10% and 40% depending on their choice of Bronze, Silver Gold or Platinum up to what is being reported as the family max or $10,900 a year.
"Not only will prices go up for a family plan", says Seward, "what the consumer is used to paying out of pocket is going to be shocking compared to the $10.00 co-pays that many Americans are used to having."
What do the coverage levels mean?
According to the Kaiser Family Foundation, the actuarial values for the four levels of coverage are:
• Bronze: 60 percent.
• Silver: 70 percent.
• Gold: 80 percent.
• Platinum: 90 percent.
So many industry leaders believe a entire line of new products and services will be formed in 2014 go, similar to the Medicare Supplements that fill in the medical gap for medicare recipients.
Private Health Insurance plans, that will be sold to supplement what the bronze, silver, gold or platinum plans do not cover.
It is to early to say what these plans will sell for, but it will probably be very affordable for individuals and families that don't want to get caught with unexpected portion of their medical services and bills.
Robin Hampton, 1-800-MEDIGAP, http://1800medigap.com, +1 972-347-0260, [email protected]
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