Do you See A Trend Here? Group Dumping is Rearing it's Ugly Head

Health Benefits US Inc is seeing a trend in our market areas of North Carolina, South Carolina, Virginia, Maryland, Georgia and Florida.  

We wrote about this back in September, you can read that article in full here. 

The trend is not going away. The question is - "What do you have as your solution - whether you are on the agent or consumer end of the deal?"

Empire Blue Cross/Blue Shield to Dump Most NY Small Group Plans
reposted from November 4, 2011

By Lonely Conservative Comments are off for this post

The worst aspects of Obamacare haven’t reared their ugly heads yet (the Democrats did that on purpose – they wanted to put off the pain until after the 2012 election) but here’s a preview of what’s to come. In New York, Empire Blue Cross/Blue Shield has confirmed that they will be dumping most of their small group health insurance plans.

Empire Blue Cross Blue Shield, the largest health insurer in the region, announced to health insurance brokers on Friday that it will eliminate most of its small group plans in the New York market effective April 1, 2012, and is slashing its financial incentives for brokers to sell those products—a move one industry insider has said would be “catastrophic” for the insurance marketplace.

In a statement, Empire said it will reduce the number of plans offered to small groups and will offer fewer PPO, HMO and EPO plans, but claimed it has no intention of withdrawing from the market—a point with which brokers disagree.

New York has a plethora of mandates that have driven up the cost of health insurance. Get ready for this on a national scale.

Eventually, this will lead to health insurers going out of business and the government taking over. Then all of those mandates will disappear and the rationing will begin. We’ll all be on Medicaid.