Open enrollment for Obamacare starts in a couple days. There have been a lot of reports about insurers leaving the exchanges and those that are remaining raising premiums. Some of the stories are true and some are presented as misinformation.
Medicare open enrollment is the one time during the year that you can change your plan. Even if you are happy with your current plan there are some important things you should do. Think what matters the most to you. The primary care physician or specialist you have been seeing for many years?
Consumers are in for a shock. Another round of premium increases come November 1st. This is driven by insurers leaving the exchanges and those that are remaining are raising their prices by large percentages.
Mergers — At the end of July, the Justice Department filed suit against the Aetna/Humana and the Anthem/Cigna mergers. The Justice Department alleges the mergers 'would lead to higher health-insurance prices, reduced benefits, less innovation, and worse service for over a million Americans'.
