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Due to the rising costs of Obamacare when the plan is unsubsidized I no longer believe that ACA compliant plans are a good option unless you have preexisting conditions.
If a person is healthy STM is a better option even during open enrollment as they can enroll in the STM plan for a full year depending on the state
In most cases the person would be better off purchasing a STM plan buying supplements and paying the tax penalty than buying an unsubsidized ACA plan.
While STM doesnt in general cover preventative testing or doctor's visits or drugs for the healthy person these arent really an issue.
All of us used to sell only unwritten plans. We used to serve basically healthy people and pre existing was excluded for the relatively healthy this is the better option,
For the unhealthy and the poor who receive subsidies ACA makes sense but not for the healthy. One size fits all cookie cutter molds haven't been a good idea and are causing 30-40% annual rate increases. If you a poor and the subsidy keeps up fine but if you are making 300% or more of federal poverty level it no longer makes sense.
It is best to segment your client populations into healthy and unhealthy and offer all available choices that will protect the client.
If a person is healthy STM is a better option even during open enrollment as they can enroll in the STM plan for a full year depending on the state
In most cases the person would be better off purchasing a STM plan buying supplements and paying the tax penalty than buying an unsubsidized ACA plan.
While STM doesnt in general cover preventative testing or doctor's visits or drugs for the healthy person these arent really an issue.
All of us used to sell only unwritten plans. We used to serve basically healthy people and pre existing was excluded for the relatively healthy this is the better option,
For the unhealthy and the poor who receive subsidies ACA makes sense but not for the healthy. One size fits all cookie cutter molds haven't been a good idea and are causing 30-40% annual rate increases. If you a poor and the subsidy keeps up fine but if you are making 300% or more of federal poverty level it no longer makes sense.
It is best to segment your client populations into healthy and unhealthy and offer all available choices that will protect the client.