About a month ago, I had a blog on individual markets for health insurance. I noted that Medica still intended to stay in the market with a substantial premium increase for 2018 IF they were granted the increase and elected to participate next year.
In the meantime, we have decisions being made in our State, pending Federal approval, for a stop-gap proposal. This Des Moines Register video explains Iowa’s stop-gap health insurance proposal. This is less than a minute and will provide you with a general summary of this topic.
In reference back to our options for 2018, the Medica request was a 50% increase on top of already inflated prices due to the evolution of our health care markets per the ACA. Individuals in 2018 have many options (contrary to popular belief) and this is only one. Call me, tell me your story, and we will problem-solve with the options that are available to you. I’m confident that after a thorough analysis of your position in the marketplace, you will be relieved and make good decisions on your own behalf.