I can tell Teeray knows what he's talking about.
Just to add, young people do not cost near as much money in claims than those older people who have lived an unhealthy life and are paying the consequences. Most every young person is healthy and only a percentage of older people suffer from careless living or hereditary health problems. They are not even close to being balanced. If young people are required to get insurance and there is no loop hole from one party undermining the other then the very nature of insurance law means the law of large numbers will outweigh pre-existing conditions. Hospitals are responsible for lowering costs as a result. It may take time to balance out but the idea itself is good. Expecting both parties to work together to find the best solution may be the problem.
Oh, and also, 2018 might not look much better. Every NC citizen can thank their General Assembly and Governor for opting to allow the Feds to run the exchange for it's people. Good job voting them into office.
“The truth of the matter is, this is not ready for rollout,” said Chris Marie Farr, acting North Carolina director for Americans for Prosperity. “Only having two insurance carriers on the exchange – that’s a problem in itself. There are not enough choices and too many mandates.”
Adam Linker, a policy analyst with the N.C. Justice Center, said the limited competition is largely caused by North Carolina’s decision not to participate in the insurance marketplace and not to extend Medicaid.
States that have embraced the health law typically have a half-dozen or more insurers involved in their insurance marketplaces.
“When we get some competition, it’s going to be better,” said Pam Brennan, a Cary resident who has individual insurance through Blue Cross. “2015 will be a better year than 2014.”
Dont care about the politics just want a straight answer. I have looked all over the web and ask people at my workplace. no one could answer me. I could probably find the answer but a rough estimate will suffice.
If I have BCBS through my company. I pay 70 a month for a pretty good plan (Id guess based on past plans it would cost me 200 a month for a similar individual plan..28/M/never had any conditions or issues). The rest is covered by my company.
How much increase can I expect on my premium(rough percentage)?. Is my company forced to cover the increase or can they pass it on to employees if they choose?
you're employer is offering a benefit, which has become an entitlement to many people. However that employer is not required by law to offer you anything, hence the benefit. The problem you're employer is going to have will be all of the people with pre-existing conditions looking for healthcare that will drastically increase the premiums for that entire demographic. That employer will then realize they have to give the employees more risk (higher premiums, deductibles, etc) to off-set those premiums.
many employers would be smart to start an HRA and allow people to get their own coverage with money stipend to them. Employees would benefit from this because they don't risk losing their insurance when a serious health risk develops and can no longer work for the company (NC is a right to work state), or pay 101% of that costly premium on cobra (the whole reason you have insurance are for these moments, not entirely for the sniffles that will not cripple you financially).. That coverage is then portable from job to job and you never have to worry about rate increases due to those health problems after they occur (unless you have BCBS). That's at least how it used to work. Pre-existing conditions may not be denied, but I'm not sure if they are still rated up.
This is why BCBS "Blue Advantage" was/is (depending if the rules changed from before) so scary for those who actually have to use their coverage.