August 2017 Strictly Business

Healthcare Reform Progress Report

So, what is happening in Washington and does it affect me? Great question! Healthcare reform is a political hot potato once again.

Synopsis: We have watched several insurance companies withdraw from offering health insurance coverage to individuals and families. Typically, these people are self-employed, work for a small business that doesn’t offer group health insurance benefits, or have retired before age 65. They do not have another option for health insurance. The insurance companies that have withdrawn were losing money on these policies. The result is that Nebraskans will have only one carrier in 2018 for individual coverage – Medica. And we can expect another year of significant increase in premiums if one insurance company is assuming the risk for the entire state!

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