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View Diary: NYT: New York Health Plan Costs Set to be Cut in Half by Obamacare (155 comments)

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  •  That's the entire point of the exchanges, Kovie. (16+ / 0-)

    You go online and compare plans side by side, no fine print, no hidden exceptions.  'This plan covers this, this, and this, doesn't cover that and that, your OOP every year is X dollars, there is no co-pay for...'  etc.  Clear language.  No landmines.  Also required for employer provided insurance packages.  THIS IS THE POINT of Obamacare- we don't torpedo the only growth segment in the economy in 2009, we make it fair, simple, and cut out the fat profits.  If you need fat profits shut down and find another venue, someone will step in and fill the void.  The money will be in volume, meaning the insurance companies must provide the best, most affordable plans in order to succeed.  That's a free market I can cheer for.  

    I'm not looking for a love that will lift me up and carry me away. A love that will stroll alongside and make a few amusing comments will suffice.

    by I love OCD on Wed Jul 17, 2013 at 07:25:08 AM PDT

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    •  And that's my entire point--what ARE the details? (5+ / 0-)

      Have they been released yet, and if so where does one find them? It was once my job to put together a master spreadsheet comparing all the plans being offered by the insurer I worked for and making sure that they were consistent and supportable. The premium cost of a given plan is only one of the factors you need to look at when shopping for plans. What you really want to look at is the projected total plan costs, including cost shares, deductibles, etc., based on your current health situation. And you need all these details to do that.

      "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

      by kovie on Wed Jul 17, 2013 at 08:00:06 AM PDT

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      •  Generally, you'll have to wait until October (6+ / 0-)

        (at the least, if things don't get delayed) to find out the exact details for offered plans.

        •  My experience working for two insurers (4+ / 0-)
          Recommended by:
          annan, Quicklund, ericlewis0, FloridaSNMOM

          is that they scramble until literally the last minute--and often a bit beyond--to iron out final plan details. All sorts of legal, cost and other glitches emerge as they're being vetted by various departments that require late changes that can throw huge wrenches into the works. E.g. marketing wants X but actuary says it's not cost-effective while IT says it would require massive re-coding and legal says it would run into regulatory problems. You really need to get all the stakeholders into a room early into the plan revision process and that didn't happen in my experience, especially with regulators not always being as clear and helpful as you'd like. Sausage making at its finest, including ego clashes.

          Which is why we rarely get final plan details much before open enrollment.

          "Liberty without virtue would be no blessing to us" - Benjamin Rush, 1777

          by kovie on Wed Jul 17, 2013 at 08:35:27 AM PDT

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