Right now, I have 2 part-time jobs. I’m still on COBRA from my last full-time job. So, I’d be an “ideal” candidate for the health insurance exchange.
NY State has its own website. Unlike the Federal website disaster, the NY website works.
I looked at the plans on the NY health insurance exchange website. ALL THE PLANS ARE HMOs. There were *NO* PPO plans, only HMO plans. (In an HMO plan, you can only see doctors than are in-network. In a PPO plan, you can see doctors that are not in-network, albeit at a lower rate of reimbursement.)
I picked the Empire Platinum plan. Then, I went to the Empire website to see if my doctor is in their network. Their website said that the doctor list for the new health insurance exchange plans is not finalized yet!
One of the much-touted features of the law, “You will be able to keep your doctor!” may be a lie. First, all the plans on the NY exchange are HMO plans and not PPO plans. Second, the doctor list for the plan has not been published yet! How can I pick a plan if I don’t know if my doctor is in the plan or not?
There are some other interesting “features” of the law. There were some small health insurance cooperatives that are being driven out of business due to the new law. The cost of compliance with the new taxes and regulations is too high. The law is a huge subsidy to large insurance corporations, while driving smaller insurers/cooperatives out of business.