Last week we saw the new ruling on short-term healthcare coverage. The president said insurance companies were “going wild” over this new law, but in reality they are being cautious.
Many big name players in the insurance world have said they are taking their time in designing new plans. We may not even see them advertised till this fall.
Many organizations are still concerned that short-term plans will mean higher bills for unsuspecting people who switch from ACA plans. Many also falsely believe that they can just re-join an ACA plan anytime, but you would actually have to wait for the annual open enrollment.
WHat do you think about these new plans? Are they a god-send or a wolf in sheep’s clothing?