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The PANIC is back! Now we know the reality of the PPACA health care law will not be going away. The madness of how to help folks who have no coverage or could not afford the few plans that were available just gets worse.

As of midnight today April 1st (Fools Day) the short term medical plans will no longer be available. These plans which were available for all the years of Obama Care will only offer theses plans for a maximum of 1, 2, or 3 months. Short Term Medical plans up to one year was the only option that healthy folks could count on that may be affordable. Yes, these plans come with strings attached. You had to be underwritten, or (Healthy) to apply for a plan. Before, the administration left the building this was the law as of April 1st, 2017. If you had an STM plan, you could extend your active plan up to 1 year. If you did that you were considered grandfathered in and could keep it until December 31st, 2017. Obviously, the people that were over or under the income limit to receive a subsidy in the poverty level matrix (100%-400%) had to cancel their ACA plans once they saw the actual cost.

Since I have fielded calls all week on this question, the folks seem to have thought that the repeal and replace was going to happen. I think a lot of us Health Brokers thought that there would be a way to get something accomplished logically. I sadly say “Boy was I wrong.” At this time it can't get much worse for a person who is age 64 and cannot afford with a subsidy for the 320% of the poverty level a $890 monthly plan. Oh, by the way, that is with an approximate subsidy of $500+. Yes, the actual plan cost for a female without any subsidy in good health living in the state of Georgia will have to pay $1800 a month for an HMO plan with a high deductible.

My wish would have been an executive order for one year that every person in the federal government would have to have this insurance for themselves and their families for just one year. Having to have it for four years is cruel and unusual punishment. No one would wish it on our elected civil servants. Cynical I am not, but sarcastic absolutely. Any rational and logical person would be very sarcastic. The American people have had to deal with this mess of the past eight years it certainly has taken a toll on any rational thinker.

My hope as an insurance advisor will be that the health companies will come out with some plans that can get around the EHB (essential health benefits) and use the MEC (Minimum Essential Coverage) to offer plans. It is very hard to see the tears when people finally have the reality they have no way to have affordable health care. Yes, the panic is back with no plan B.
Posted 12:00 PM

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