The Department of Managed Health Care (DMHC), who regulates most of the individual and family plans offered through Covered California, has developed a website to allow consumers to compare health insurance companies. The Health Plan Dashboard website does not assign any performance review ratings. But it does give consumers a high level view of some of the data collect on the health plans such as enrollment, complaints, and enforcement actions for medical, dental, and vision plans.
The big headline in August was that Aetna would not be expanding their Obamacare individual and family plans in 2017. The smaller headline from a week earlier was that Aetna was seeking approval to become a Medi-Cal manage care health insurance provider in California. Just like other health insurance companies have found, welfare pays better than work when it comes to health insurance.
California Department of Insurance Commission Dave Jones excoriated Aetna in a news release on December 18th over Aetna’s planned small group premium increases but he was noticeably silent when Health Net submitted a similar rate increase for individuals and families. The average increase for the 2015 Health Net IFP PPO plans is 10.8% while the Aetna small group […]
HackerCare is not health insurance. HackerCare is a membership based association that offers group insurance through a carrier named Starmark. If you want to purchase the Starmark group health insurance, you have to join HackerCare. No one should ever be forced to join a fee based membership organization in order to purchase health insurance.
While some industry analysts point a finger at new guarantee issue rules for individual plans as a reason UHC and Aetna are vacating California, both are still retaining their lines of employer group business which IS ALL GUARANTEE ISSUE. It is rather disheartening that UHC and Aetna have taken such a cynical profit driven approach to the individual market in California and in other states.
Aetna hinted in their announcement that a combination of the new health insurance exchange and required benefits forced them to pull the plug on their individual plans. In recent years, Aetna has never been very competitive in terms of price with other carriers such as Anthem Blue Cross, Health Net and Blue Shield of California