More than 1 Million will be Hunting for New Insurance for 2017

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Posted by admin | Posted in ACA-Obamacare | Posted on 15-10-2016

According to an article by Bloomberg, more than 1 million people with Obamacare insurance plans will need to shop for something else in the next few weeks as their current plans and companies are quitting in their area. Florida appears to be the most affected with over 400,000 people being abandoned by their carrier. This is happening because insurance companies are losing too much money. They’ve had enough and are getting out until something changes. Everyday I read about another group of thousands who are getting letters about their policies going away on January 1. Nebraska is one of the states affected because of Blue Cross pulling out of the exchange and severely limiting what’s available to their individual market. It’s really incredible what’s happening. The government continues to talk about how well the ACA is working to provide coverage for millions, but 2017 may actually be a year when coverage declines due to 1) lack of policy availability and 2) costs are too high. The amount of work being required of people just to find a new policy is almost a full time job until they figure it out. Right during the time of year when we should be focusing on our families and the Savior’s birth, these people are instead battling the insurance industry.

Of course I say, “why not look at a healthcare sharing ministry instead of just insurance plans?” If your goal is to save money, a ministry can almost always do that. If you want to get away from the red tape, the headaches, the constant doctor switching, the fear of losing your doctor, the nightmare of dealing with all the costs that insurance won’t pay… (breathe)… then take a look at these cost sharing ministries. Do you really want to bounce from one insurance company to another every single year? Imagine the nightmare of getting treated for something and having it drag into the new year and now a new company. Whoops! Everything you were approved for has to be approved again! You want something reliable that can be trusted. What’s better than a ministry that’s been active over 20 years, serving 200,000 plus members and a firm foundation in Christ? At this point, the history of the ACA tells me that it takes way more faith to signup for yet another insurance policy with a company that is statistically likely to abandon you in 12 months than it does to join a ministry that WANTS to help you and won’t charge you an arm and a leg to do it. Really. Look at the big picture. People are flocking to these health care ministries in droves. They’re tired of the games played by insurance and government and they want go to back to something simple, affordable, and logical. They also get the bonus of supportive prayer, morals, and a biblical Christian base. The reasons not to join one are getting fewer every day. If you join a longstanding ministry you even avoid the tax penalties.

Take a look. Do the math. Consider whether it is right for your family. I’m betting you’ll be very glad you did! 🙂 Our family will be forever grateful for our membership with Samaritan Ministries. Tell ’em I sent you! 🙂

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Blue Cross of Nebraska pulling out of the ACA Exchange

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Posted by admin | Posted in ACA-Obamacare | Posted on 04-10-2016

This is big news for my state, Blue Cross Blue Shield is pulling out of the Nebraska ACA exchanges for 2017. I’m pretty sure they are the #1 insurer in our state. Not only are they pulling out of the ACA, they are also dropping their Silver and Gold individual plans. So if you are buying your own coverage off the exchange (this would affect anyone self employed or without employer coverage) you’ll have to choose a bronze plan with a crazy high deductible or choose a different insurance carrier if you want silver or gold level plans. They are reported to have lost $140 million since it started on the exchange. Ouch.

In my annual comparison post each November I always compare to the Blue Cross bronze plan to Samaritan and then scout out the cost of the gold plan because it’s the closest to what we had before this whole ACA mess began. To think I couldn’t even buy that level of plan now if I wanted to is disturbing. It seems clear to me that Blue Cross doesn’t want customers unless they are part of a group business policy. It leaves only 2 insurance carriers on the exchange for Nebraska, Aetna and Medica. Blue Cross is reported to have almost 65,000 individual members both on and off the exchange so it would seem a large percentage of them could be affected. I am hearing of large premium increase and shocking letters about this action from those in my area. Of course I recommend Samaritan Ministries to those in need of something else. 🙂

Something really needs to be done to get health care pricing under control. I don’t know where the fault lies, but clearly this system isn’t working. Americans are breaking under these costs and many are unable to even use the coverage they pay for. When is it all going to break? I’m so thankful to be part of Samaritan Ministries. They are a soothing balm during this time of great angst in our nation’s healthcare system.

College Students and Health Care Sharing

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Posted by admin | Posted in ACA-Obamacare | Posted on 04-09-2016

Our children won’t be heading to college for a few more years, and to be honest I haven’t given a lot of thought to what that picture looks like for our family. Knowing that Samaritan allows students to remain on their parents memberships I just assumed that our kids would do that. It didn’t occur to me that some schools wouldn’t accept health care sharing for them and would potentially require us to buy an insurance policy. After all, HCSM’s are accepted under the ACA.

It wasn’t always the case, but fortunately hundreds of colleges and universities now recognize health care sharing ministries as an acceptable alternative and don’t require a separate insurance policy. If you have a child heading to college soon, I would suggest that you check whether your chosen schools allow that as an option. If you have a student athlete, the NCAA used to require health insurance even if the college didn’t. But now, thankfully the NCAA is also recognizing health sharing ministries and those students do not have to purchase an insurance policy. This is great news as there are many student athletes across the US and those policies could be a financial burden for the student or family, as well as a moral conflict for those who don’t wish to have their health care dollars spent irresponsibly.

The NCAA will be contacting those schools which are affected by this decision, but that may take time, so if you are experiencing any difficulty with this please contact Samaritan or your sharing ministry for assistance. Also, there are still some schools which do not allow health care sharing for all their students, please pray that their policies can be changed as they learn more about what these ministries can offer and that they are an acceptable and legal option under the ACA. If you aren’t sure whether your preferred schools require insurance please contact those schools’ admission departments to see what the requirements are. As there are even some evangelical Christian schools which do not accept health care sharing, it is best not to make an assumption.

At the time of this writing Samaritan has confirmed that the following schools do not accept HCSM’s for their students:

Baylor University: Waco, TX
East Texas Baptist College: Marshall, TX
Liberty University: Lynchburg, VA
Northland Baptist Bible College: Dunbar, WI
Mercer University: Macon, GA

There may be others, so please do your due diligence to verify the requirements of your school.