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State OKs three insurers for health exchange

Posted July 30, 2013

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— The North Carolina Department of Insurance on Tuesday approved three health plans that insurers want included in the health exchange that will be set up under the federal Affordable Care Act.

The online exchange allows individuals, families and small businesses to compare insurance options and shop for coverage. Federal subsidies and tax credits will help some people purchase insurance.

The DOI approved rates for Blue Cross Blue Shield of North Carolina, Coventry Health Care of the Carolinas and FirstCarolinaCare, all of which plan to offer individual policies in the exchange. Blue Cross also plans to offer small group plans.

Details of the rates are considered trade secrets and weren't disclosed.

Under legislation the General Assembly passed earlier this year, the federal government will operate the exchange in North Carolina, so federal officials still must approve all three insurers – and any others wishing to sell coverage through the exchange.

The exchange will begin enrolling people on Oct. 1 for next year, when the law requires individuals to have health coverage or face a fine. A similar mandate for employers was delayed until 2015.

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  • KStewart2 Jul 31, 2013

    cstafford: I doubt, highly, that you have 100,000 dollars sitting around for say a heart transplant.

  • Atheistinafoxhole Jul 31, 2013

    cstafford: Hasn't that "unconstitutional" train already left the station?
    lsdhome

    Yep, the SCOTUS has already ruled on this. So, now the ACA has been confirmed by all 3 branches of the Federal government - Legislative, Executive and Judicial. The Constitution worked!

  • lsdhome Jul 31, 2013

    cstafford: Hasn't that "unconstitutional" train already left the station?

  • cstafford Jul 31, 2013

    So, I would still have to pay for insurance even though I had to money to pay whatever the healthcare cost? I can see a huge lawsuit coming when these 'fines' start getting imposed. This is really unconstitutional. There should be no requirement to buy something because you were born or have been naturalized into this country. Anyone wanna bet how fast this gets struck down?

  • ezLikeSundayMorning Jul 31, 2013

    This explains that survey call I got. One question was whether I would choose BCBS over slightly cheaper nonames. I'm guessing that is how the pricing will work out here. I'm waiting to see how it turns out with an open, but somewhat anxious, mind.

  • Dirty_Water Jul 31, 2013

    "Trade secrets" until October 1st. And a whole three to choose from. What kind of network do the two non-blue have? Any ideas?

  • shawn36003 Jul 31, 2013

    WHATELSEISNEW: I do however get to enjoy handing over some money to people so they can get insurance cheaper than I can get it. It is such a wonderful thing to be treated like a second class citizen.

    Could not agree more!!!!

    CestLaVie: Yep, whatelseisnew. Welcome to the United Socialists of America's plan to kill us all, financially, physically, morally & socially.

    AGREE!

  • goobnav Jul 31, 2013

    Since the Feds aren't even close to having the "Exchange" up and running, this approval is a MOOT point.

    The failure is already coming and that'll setup the real fight. The single payor system that has been a failure, both fiscally and regulatory everywhere it has been put into place.

    http://www.cbc.ca/news/background/healthcare/medicaltourism.html

    Nothing can be said that is good thing one way or the other. This is another money and power grab by the real powers that be. Not the Actors in Washington on BOTH sides of the aisle.

    Say whatever you want to defend this garbage, nobody is listening.

    http://www.rasmussenreports.com/public_content/politics/current_events/healthcare/health_care_law

    Now go back and tell them we know what they know and will use it against them.

  • CestLaVie Jul 31, 2013

    Yep, whatelseisnew. Welcome to the United Socialists of America's plan to kill us all, financially, physically, morally & socially.

  • ashewing Jul 31, 2013

    "trade secrets"...enough said.

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