Comments on: Best Health Insurance Book Hosts New Year’s Cav http://www.healthinsurancecolorado.net/blog1/2008/01/02/best-health-insurance-new-cav/ Research and discussion of the Colorado health insurance industry and the healthcare crisis in America. Sat, 20 Mar 2010 14:31:56 +0000 http://wordpress.org/?v=abc hourly 1 By: Jay http://www.healthinsurancecolorado.net/blog1/2008/01/02/best-health-insurance-new-cav/comment-page-1/#comment-8011 Jay Wed, 02 Jan 2008 20:31:11 +0000 http://www.insuranceshoppers.net/blog1/2008/01/02/best-health-insurance-new-cav/#comment-8011 I should have included it in the post, but here is a list of all states that have risk pools: http://www.naschip.org/states_pools.htm I should have included it in the post, but here is a list of all states that have risk pools:
http://www.naschip.org/states_pools.htm

]]> By: Louise http://www.healthinsurancecolorado.net/blog1/2008/01/02/best-health-insurance-new-cav/comment-page-1/#comment-8010 Louise Wed, 02 Jan 2008 20:26:56 +0000 http://www.insuranceshoppers.net/blog1/2008/01/02/best-health-insurance-new-cav/#comment-8010 Colorado also has two (four, if you consider that each option is available as an HMO or PPO) small group plans - Basic and Standard - that are guaranteed issue for any small group with 1 - 49 employees. So a self-employed person has the option of getting a Basic or Standard group of one policy. Groups of 2 - 49 employees are eligible anytime, guaranteed issue, although it's a little trickier for a self-employed 'group of one'. The self-employed person must be able to show tax records incidcating self-employment for at least one full year, and the policy is only guaranteed issue during open enrollment, which is defined as a qualifying event (eg, loss of COBRA or other coverage, marriage, divorce, etc.) or within 30 days of the self-employed person's birthday. But for people who do not have an option for health insurance through an employer, are not self-employed, do not qualify for Medicaid/Medicare, and cannot meet the medical underwriting standards of individual health insurance carriers, Cover Colorado is the best option. Colorado also has two (four, if you consider that each option is available as an HMO or PPO) small group plans – Basic and Standard – that are guaranteed issue for any small group with 1 – 49 employees. So a self-employed person has the option of getting a Basic or Standard group of one policy. Groups of 2 – 49 employees are eligible anytime, guaranteed issue, although it’s a little trickier for a self-employed ‘group of one’. The self-employed person must be able to show tax records incidcating self-employment for at least one full year, and the policy is only guaranteed issue during open enrollment, which is defined as a qualifying event (eg, loss of COBRA or other coverage, marriage, divorce, etc.) or within 30 days of the self-employed person’s birthday.
But for people who do not have an option for health insurance through an employer, are not self-employed, do not qualify for Medicaid/Medicare, and cannot meet the medical underwriting standards of individual health insurance carriers, Cover Colorado is the best option.

]]> By: Jonathan Pletzke http://www.healthinsurancecolorado.net/blog1/2008/01/02/best-health-insurance-new-cav/comment-page-1/#comment-8009 Jonathan Pletzke Wed, 02 Jan 2008 19:41:41 +0000 http://www.insuranceshoppers.net/blog1/2008/01/02/best-health-insurance-new-cav/#comment-8009 North Carolina guarantee issues health insurance, but the premiums can be up to 7 times the quoted premium, which could price many folks out of the market. The coverage is also limited to the tune of $500,000 lifetime maximum. A high risk pool was authorized by the legislature and the details of how it will work are being hammered out. The pool will subsidize the costs of insurance for those that cannot afford the current rates and have a medical condition. Perhaps they will look to CoverColorado as an example. One bright spot in North Carolina is that there are two small group (1-49 lives) plans that must be guaranteed issue to small businesses. While this isn't an option for everyone, those with any sort of business have an affordable guaranteed issue option, even if they are a sole proprietor and the only employee. North Carolina guarantee issues health insurance, but the premiums can be up to 7 times the quoted premium, which could price many folks out of the market. The coverage is also limited to the tune of $500,000 lifetime maximum.

A high risk pool was authorized by the legislature and the details of how it will work are being hammered out. The pool will subsidize the costs of insurance for those that cannot afford the current rates and have a medical condition. Perhaps they will look to CoverColorado as an example.

One bright spot in North Carolina is that there are two small group (1-49 lives) plans that must be guaranteed issue to small businesses. While this isn’t an option for everyone, those with any sort of business have an affordable guaranteed issue option, even if they are a sole proprietor and the only employee.

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