In this 2nd issue of the KDM Insurance Newsletter of 2015, we will be discussing important changes coming in 2016 specific to the insurance carriers here in Colorado. This newsletter will focus exclusively on the health plans serving the individual health insurance market. Note that, presently, all plans (and premiums) associated with Colorado Insurance carriers are being reviewed by the Colorado Division of Insurance and the DOI can force changes. Therefore, it is still too early to be able to get specific rates and plan details but we do know quite a bit and would like to pass this information along. I'll address the carriers alphabetically to make it easy to find the one that particularly interests you.
The Affordable Care Act (ACA), otherwise known as Health Care Reform, will affect the vast majority of Americans and yet with about six months to go before its implementation, there is still a profound unfamiliarity with the details. In April, 2013, The Kaiser Foundation conducted a Health Tracking Poll (http://kff.org/health-reform ) which discovered the following:
· Nearly all American’s get reform information regarding health care from friends and the news.
· About half say they do not have enough information to understand how it will impact their own family; this number rises among the uninsured and low-income households.
· 42 percent of Americans are still unaware that Reform is the law of the land.
Therefore we appreciate the opportunity to be a reliable source of information for the upcoming changes.