CHICAGO – If the Affordable Care Act seems to have priced health care insurance, premiums, deductibles and co-pays out of this world, "you ain't seen nothin' yet."
Illinois' plans are about to be hit with price hikes that range from 45 to 55 percent in 2017.
And there will be fewer options:
Despite warnings earlier this year that President Obama's promise that families will save $2500 annually with the Affordable Care Act would not come true, information released Friday shows for the first time which insurers will offer what types of plans in each county on the exchange next year. The Tribune reports:
• In Cook County, insurer Celtic will offer an HMO plan, Cigna will offer an HMO and Blue Cross and Blue Shield will offer an HMO and a PPO.
• In Lake and McHenry counties, Blue Cross and Blue Shield will be the only on-exchange insurer offering HMO and PPO plans.
• In Kane and DuPage counties, Cigna will offer an HMO, Celtic will offer an HMO to part of the area and Blue Cross and Blue Shield will offer an HMO and PPO.
"We will continue to work with state and federal regulators and legislators to ensure a stable and sustainable insurance marketplace and to improve the quality and cost of care for all of our members," Blue Cross and Blue Shield of Illinois said in a statement Friday.
More in the Chicago Tribune story.
