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The Idaho Experiment: Exit ObamaCare

Legislators in Idaho have approved a plan to allow insurers to offer residents alternative health insurance that is not compliant with the ACA (ObamaCare).  

These types of plans would likely resemble plans we saw in California prior to the implementation of ObamaCare--Tonik, RightPlan, ClearProtection, SmartSense.  Insurance carriers would still be required to offer ObamaCare-Compliant health plans for those who wish to enroll.  

"The Idaho plan would make it possible for insurance companies to offer cheaper plans that might be more attractive to people who have to buy their own insurance and do not benefit from the federal premium subsides offered under the Affordable Care Act. The catch is that those plans would be skimpier."

With the removal of the mandate to purchase ObamaCare in 2019, Idaho, and other states, fear massive rate increases as younger, healthier people opt to forego buying expensive health plans.  

For insurers as well as states, the mechanics involved would be cumbersome and expensive federal fines could be levied for non-compliance.

In one email, Cameron said Idaho will not penalize carriers for offering plans that don't comply with federal law, but the federal Centers for Medicare and Medicaid Services can penalize insurance providers as much as $100 per insured, per day.

Now we watch to see what happens with Idaho.  

Read the full article on Newser


Dave
www.davefluker.com




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