This is from the Escapees RV Club Forum today:
Posted Today, 07:17 PM
Unfortunately this does look like it will be the new trend in health insurance as insurance companies figure out how to stay afloat under the new Affordable Care Act. PPO plans are very costly to insurance companies as they can not control costs as well as they can with HMO/EPO network plans. Most insurance companies are losing money and only the very large ones are able to stay solvent in this environment. Assurant Health could not handle the losses it incurred so, yes, they are out of the individual health insurance market in 2016--after 120 years of profitable business. BCBS of TX might have followed suit if it did not have it's other products to prop it up as it lost $400 Million on it's PPO plans in 2014.
Will there be other comparable options in Texas in 2016? That remains to be seen. Plans will not be revealed until October more than likely. Nothing like last minute, huh? I can't even venture a guess at what will be available in Texas now that Aetna has bought Humana and Anthem has bought Cigna. Anthem is a BCBS company so it is unlikely Cigna will have any PPO offerings in Texas since BCBS companies can not compete against each other. Then again, the acquisition isn't supposed to occur until late 2016...so I am speculating here.
Whatever is available rest assured we are committed to helping the RV community, and Escapees members specifically, to find the best option available whether you are in Texas, Florida, or South Dakota.
The RVer Insurance Exchange (rverinsurance.com and rverinsuranceexchange.com) will launch August 1, 2015 (look for forthcoming announcements about this from Escapees RV Club). We will post updates to the site about 2016 health insurance options as soon as information is made available to us! Note that if you currently have a BCBS of TX PPO plan then you will be able to keep that plan through 2015 (longer if you have a pre-2011 grandfathered plan)
Edited by KyleHenson, Today, 07:20 PM.
Kyle Henson RVer Insurance Exchange
Living on the road with my family since '11
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