Author Topic: Health insurance isn't a year-round thing anymore  (Read 374 times)

0 Members and 1 Guest are viewing this topic.

Offline alicewonders

  • Hero Member
  • ****
  • Posts: 13,057
  • Live life-it's too short to butt heads w buttheads
Health insurance isn't a year-round thing anymore
« on: April 05, 2014, 02:00:24 PM »
Don't tread on me.   8888madkitty

We told you Trump would win - bigly!

Offline alicewonders

  • Hero Member
  • ****
  • Posts: 13,057
  • Live life-it's too short to butt heads w buttheads
Re: Health insurance isn't a year-round thing anymore
« Reply #1 on: April 05, 2014, 02:03:18 PM »
I thought the deadline was to sign up for Obamacare and not have to pay a penalty.  I didn't realize that in many cases - it was a deadline to even be ABLE to purchase health insurance, period. 
Don't tread on me.   8888madkitty

We told you Trump would win - bigly!

Offline Oceander

  • Technical
  • Hero Member
  • ****
  • Posts: 48,187
  • TBR Illuminati
Re: Health insurance isn't a year-round thing anymore
« Reply #2 on: April 05, 2014, 02:08:24 PM »
I thought the deadline was to sign up for Obamacare and not have to pay a penalty.  I didn't realize that in many cases - it was a deadline to even be ABLE to purchase health insurance, period. 

It's not a mandatory deadline, but I do see the point of the insurance companies - to the extent possible they don't want to have someone who just found out they have cancer to walk in the door and buy a policy at the same rate everyone else pays - that's the best way to go broke.

Offline alicewonders

  • Hero Member
  • ****
  • Posts: 13,057
  • Live life-it's too short to butt heads w buttheads
Re: Health insurance isn't a year-round thing anymore
« Reply #3 on: April 05, 2014, 02:53:41 PM »
It's not a mandatory deadline, but I do see the point of the insurance companies - to the extent possible they don't want to have someone who just found out they have cancer to walk in the door and buy a policy at the same rate everyone else pays - that's the best way to go broke.

I think a lot of people may not realize that.  I've heard a lot of people on television and radio say that it would be easy to just pay the (for now) small penalty and then just sign up for the insurance when they really need it - but obviously, insurance companies cannot allow that.  Still, before Obamacare - a healthy person could buy insurance at any time and a person with a pre-existing condition could still get some coverage at a heavier price.  This article sounds like that is no longer the case in many states. 
Don't tread on me.   8888madkitty

We told you Trump would win - bigly!

Offline Oceander

  • Technical
  • Hero Member
  • ****
  • Posts: 48,187
  • TBR Illuminati
Re: Health insurance isn't a year-round thing anymore
« Reply #4 on: April 05, 2014, 03:22:48 PM »
I think a lot of people may not realize that.  I've heard a lot of people on television and radio say that it would be easy to just pay the (for now) small penalty and then just sign up for the insurance when they really need it - but obviously, insurance companies cannot allow that.  Still, before Obamacare - a healthy person could buy insurance at any time and a person with a pre-existing condition could still get some coverage at a heavier price.  This article sounds like that is no longer the case in many states. 

They can still do it, however, provided they're willing to wait for the magic enrollment window to open; ostensibly that's at most 9 months (window is supposed to be open Jan. 1 to Mar. 31, I believe), but with the (illegal) extensions that keep being given, it might end up being less than that.

So, for example, if someone is told they need open-heart surgery, unless it's a dire emergency, they would probably be better off simply taking it easy until the window opens, then buying a policy and immediately turning around and going in for surgery.

Offline mountaineer

  • Member
  • Hero Member
  • ****
  • Posts: 36,807
Re: Health insurance isn't a year-round thing anymore
« Reply #5 on: April 06, 2014, 08:00:06 AM »
My unemployed uninsured brother was admitted to the hospital last night and expects at least a five-day stay. This should be interesting.
A day without sunshine is like, you know, night.


Share me

Digg  Facebook  SlashDot  Delicious  Technorati  Twitter  Google  Yahoo
Smf