Greenbeard
Gold Member
My brother just got his letter cancelling his individual health insurance policy. As of Jan 1 he can only get something from the exchanges. He pays $170/month for a catastrophic plan with limited small things covered. I'll update when he finds out what his new insurance plan offers.
Last week, our family received notice from Anthem Blue Cross Blue Shield of Colorado that we can no longer keep the plan we like because of changes from health care reform (also called the Affordable Care Act or ACA). The letter informed us that to meet the requirements of the new laws, your current plan can no longer be continued beyond your 2014 renewal date..
If you're talking about Colorado, the rates for their high deductible options are known:
Colorado Exchange Releases Health Insurance Rates
A 40-year-old can expect to pay from $176.89 a month for a bronze plan on the individual market
Less than $7 difference from your brother's former rates for a middle-aged person.
Age and geography will vary that; if he's younger than middle aged and/or has an income under four times the poverty level, a bronze plan will be cheaper for him than what he was paying.