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Off the Menu

Monday, October 17, 2016 13:31
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(Before It's News)

Regular readers may recall that North Carolina’s Blue Cross franchise recently announced that it wouldn’t pay commissions on most new 2017 plans. No big deal, right? After all, there are plenty of fish in the sea, and carriers in the market.

Not so fast there, grasshoppa:

[A]lmost all of the state, from the Blue Ridge to the Outer Banks, will have just one insurer selling ACA policies when the exchanges open again for business in November

Care to guess which carrier that might be?

I’ll wait…

If you guessed Blue Cross, give yourself a (Cuban?) cigar; the carrier “agonized over whether to leave, too. Instead, it is raising its rates by nearly 25 percent.”

Nice consolation prize.

But Tar Heel State citizens share a common fate with other ACA victims Americans:

For the coming year, Oklahoma and Alaska will join Wyoming in having just one insurer selling ACA plans.

Not to put too fine a point on it, but:

Original content copyright © InsureBlog


Source: http://insureblog.blogspot.com/2016/10/off-menu.html

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