This just in from Aetna: As a result of financial risk and an uncertain outlook for the Individual marketplace, Aetna (including Coventry) has decided that we will no longer offer individual health products in the following states AR, AZ, CT, FL, GA, IL, KS, KY, LA, ME, MI, MO, NC, OH, PA, SC, TN, TX, UT, and WV for 2018.
What happens when there is no competition? You guessed it! And we cannot afford anymore prices increases. I just had another client drop his coverage because he cannot afford the premiums. He’s 58 years old, makes $31,200/year, lives in a bare bones mobile home and because he worked hard and made a little more money last year, his premium double to over $200/month. That’s for a Bronze, high deductible plan!
Dear elected officials. Are you there? Do you hear us? HELP!! We’re drowning!!
Here’s an idea! Our government should put us all on the same plan our elected officials receive till they fix this mess!