Adam Linker laid it out in a great op-ed over the weekend. While NC Blue Cross sent letters to some people with individual insurance policies telling them their rates were going up, the many options now available were left unsaid:
Recently, many people across the state received a note from Blue Cross and Blue Shield of North Carolina notifying customers that the company is discontinuing the member’s insurance policy. The correspondence has frightened some families because BCBSNC “matches” these letter recipients with a plan that has similar benefits to the policy that will end. Oftentimes the new policy also comes with a heftier premium.
You do not have to buy the policy to which you are matched. The new plans listed in the letters represent only a suggestion from BCBSNC. Instead, everyone should shop around for the best-fitting plan. All of the new policies sold to consumers will be comprehensive, and the insurance companies are not allowed to deny coverage or charge more based on a person’s medical history. [Read more]