Health Insurers getting ready for Health Care Changes

Blue Cross and Blue Shield of Delaware is looking for a partner that can shore up their financials, other health insurers in other States are laying off people and looking to merge. Whats going on? Well they are getting ready for the new health care law changes that are suppose to be going into effect in a few years. The law sets new financial guidelines and qualifications to participate in the health exchanges. The law also mandates certain profitability. It also looks like agents and brokers may be cut out of the deal unless thier National associations can lobby for participation. Anyway you slice it, it is change. Only time will tell what will happen. Until next time be careful out there and know your risks.  K

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