#ObamaCare “off exchange products” ? Health care insurer looking for clarity

Fri 15 Nov 13

if you cents out cancellation notices can you cancel the cancellation?

brian, there is already confusion and a bit of chaos in the market right now.

so what we have to deal with is the situation as w have it in front of us.

the president has made his remarks and declaration that insurers should be able to continue those groups of individuals who lost their coverage that was terminated.

the congress today, obviously, has acted, at least in the house, and i suspect the senate is going to take up some action here in the next few days.

i think what we’re looking forks at least i’m looking for is clarity about what steps we can take, and that all needs be coordinated with our insurance commissioners here in the state of pennsylvania.

i’m working, we’re working at highmark with other health insurers to determine what steps we can take address the situation.

you have, doctor, already mailed out cancellation notices to some whose policies don’t meet the minimum standards, correct?

that’s right. that’s correct. about 40,000.

how do you reverse that? are the plans already cancelled?

we probably have some listeners and viewers who had cancelled plans thinking now what do i do?

well, they can contact us and they can seek to enroll off of the exchange, not using the exchange, the government website and that process. that’s a possibility for some people.

they would not get the subsidy if they were to do that but they can enroll in what’s known as

off exchange products

that might be similar to what was on the exchange.

but solutions that would allow for the provision of a subsidy

needs, that needs

coordination with our insurance commissioner,

and it has to ultimately be trued up with the government.

URL: http://video.cnbc.com/gallery/?video=3000218603

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