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2 Bumps

Anybody else's insurance company going out of business?

We received on Saturady a letter of notification from our insurance provider that they are "leaving the health care plan market." The reason?: "the resolution to uphold health care reform/PPACA will place even more strain on the nation's insurers as additional regulations and costs are imposed."

They did give us 6 months notice, so we have time to look for something else, but we are not hopeful of finding anything. My husband is semi-retired, and this plan was one we were able to hook up with through his employer.

What is the status of your company?

 
NannyB.

Asked by NannyB. at 11:25 AM on Aug. 28, 2012 in Health

Level 35 (70,728 Credits)
This question is closed.
Answers (5)
  • So sorry. Mine did not go out of business just would not pay for anything so I took a chance this year and dropped them Anthem Blue Cross
    mto3821

    Answer by mto3821 at 11:52 AM on Aug. 28, 2012

  • No - gosh that is awful.
    booklover545

    Answer by booklover545 at 11:48 AM on Aug. 28, 2012

  • Good standing
    LostSoul88

    Answer by LostSoul88 at 11:27 AM on Aug. 28, 2012

  • We have Horizon BCBS. They aren't going anywhere. Try AARP for insurance.
    robinkane

    Answer by robinkane at 11:44 AM on Aug. 28, 2012

  • So sorry. Mine did not go out of business just would not pay for anything so I took a chance this year and dropped them Anthem Blue Cross


    Thanks! this is who we had before we went to the one we are now with! Left them for the same reasons as you!
    NannyB.

    Comment by NannyB. (original poster) at 12:02 PM on Aug. 28, 2012