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View Diary: Consumer Reports destroys 'rate shock' horror story (109 comments)

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  •  Whenever I hear or read an Obamacare rate (18+ / 0-)

    shock or insurance cancellation story (including some posted on DKos) the first thing I ask or search for is whether or not the person affected actually completed the application process.  Because until you do, you won't for sure know whether you qualify for subsidies.  The Kaiser foundation subsidy calculator is a great tool to estimate subsidies, but it's not the official final word.  So especially if someone is on the edge of qualifying for subsidies, they should apply and get the official word, and not just assume they won't.

    The second thing I look for in these vignettes, is a direct comparison of benefits for the amount being paid in premiums.  Most of the woeful tales I've heard are from people who were paying very low amounts for their insurance.  What they may not understand is that they were paying for very little in return.  In essence they were being scammed by their insurance carrier.

    Lastly, it seems as if there are many people who get a letter from their insurance carrier that is pushing them to a high premium plan, and they think that's all there is out there!  The ACA exchanges are a marketplace.  Just like a flea market, if you don't like the price you are getting, someone else will likely have the same thing at a better price, keep looking.

    •  Competition (0+ / 0-)
      ...rural areas and small towns have far fewer carriers offering plans in the law’s online exchanges. Those places, many of them poor, are being asked to choose from some of the highest-priced plans in the 34 states where the federal government is running the health insurance marketplaces, a review by The New York Times has found.

      Of the roughly 2,500 counties served by the federal exchanges, more than half, or 58 percent, have plans offered by just one or two insurance carriers

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