Supreme Court Rules on Subsidies

Today, the Supreme Court issued its opinion in King v. Burwell, the case challenging the availability of subsidies in health insurance Exchanges run by the federal government. In a 6-3 decision, the Court upheld the availability of subsidies in both state and federal Exchanges. The Court rejected the argument that the language of the Affordable Care Act authorized subsidies only in states that had set up their own Exchanges. With this ruling, the Court determined that Congress intended for the subsidies to be available to everyone.

If the Court had struck down the subsidies in federal Exchanges, the impact would have been significant for employers and individuals. However, this ruling confirms the current interpretation of the Affordable Care Act’s provisions, including the subsidies, the individual mandate and the employer mandate. As a result, the ACA’s subsidies remain available for eligible individuals in all states, including those with federal Exchanges.


Students Unhappy About Lost Health Insurance Plan

 

A many students are enraged and disappointed that their college health insurance plan arrangements are finishing.

In February, the Idaho State Leading group of Instruction settled on the choice to change their approach in terms of understudy health insurance protection.

Since 2002, state colleges have been obliged to offer arranges through the Understudy health insurance plan, otherwise called Boat, to all full time understudies.

Anyway, now, its up to every college to choose whether they need to keep offering the scope or not.

The Idaho State Leading body of Training says four of the colleges have chosen to stop the medicinal services program. That incorporates Boise State College, Idaho State College, Lewis and Clark State School, and Eastern Idaho Specialized School.

The College of Idaho uses an alternate kind of self-protected project, which it will keep on offerring understudies.

Yet, its still compulsory for understudies to have a health insurance plan.

The state board says it settled on the choice in light of the fact that enlistment has declined as of late, making premium expenses go up.

Blake Youde says with changes in medicinal services across the nation, there are frequently more reasonable alternatives for understudies.

“As understudies’ support in the understudies’ social insurance system kept on declining, that brought on individual understudy expenses to build, which went into that choice or examination to the health insurance plan trade program and what their expenses were and that may be a superior alternative for our understudies,” said Youde.

Understudies at Boise State have blended emotions about the change.

At the point when Maria Howard got some answers concerning the change a week ago, she said she was shocked and frightened.

“I had a really terrible heart assault, vented to quite a few people principally on the grounds that I do have a ton of previous conditions,” said Howard.

Boise State will no more offer understudies health insurance plan scope after July 31 of this current year.

It’s scope that Howard says she relies on upon as a full-time understudy, additionally meeting expectations low maintenance, and right now scarcely bringing home the bacon.

“I’ve had some outrage would be incredible method for putting it, and also a great deal of apprehension,” said Howard.

She said not just will her premium go up about $100 a month, yet her deductible will be essentially higher too.

However, different understudies we conversed with were not as agitated, since they say Boat had turn out to be excessively extravagant.

“I wasn’t crushed when I first heard that; I was really sort of content,” said Nicholas Carter, who is presently secured by Boat.

Curtis Green said he dropped the Boat scope as of late due to the increasing expense of premiums.

“I didn’t keep focused due to the expense, in light of the fact that it was so extravagant on the grounds that I depend on budgetary guide so much I just couldn’t do it,” said Green.

The state leading body of training says they’ve seen a decrease in those enlisted in the system as of late.

Truth be told, Boise State says just in regards to 2,500 are right now secured by Boat.

Youde says this is on account of choices on the Reasonable Consideration Act can be less expensive, and numerous understudies are currently secured by their guardians until age 26.

“The board has not heard any negative input to date about it,” said Youde.

Case in point, Youde says the present Boat premiums at Boise State cost $200 a month, which is almost 40 percent of the expense for educational cost and expenses.

However, for some, as Howard, different choices may exclude the same health advantages, constraining her to reevaluate her training arrangements.

“On the off chance that I can’t pay for protection it places me in the position where I won’t have the capacity to proceed with school. So I’m slightly gotten in a difficult situation,” said Howard.

Verification of health insurance plans scope is still obliged when you select at school.

Concerning the health insurance plan administrations on Boise State’s grounds, its facility won’t be influenced, and they will keep on seeing understudies and staff, and also wards. They let us know they acknowledge all protection arranges.

They additionally say they can help give assets and help to those now searching for another scope alternative.


Health Insurance Idaho Students Lose SHIP

Even though required to offer plans through the Student Health Insurance Program or SHIP to all full time students, the Idaho State Board of Education made the decision to change their policy when it comes to student health insurance just this past February.

Boise State University, Idaho State University, Lewis and Clark State College, and Eastern Idaho Technical College have decided to end their Idaho student health insurance plans leaving the schools individually to fend for themselves.

It’s still mandatory for students to have health insurance which makes it a bit of a catch 22. When enrollment in the student health insurance plans dropped, rates began to climb in recent years. At this point it became too costly to maintain with other options on the open market becoming available.

Blake Youde says with changes in health care nationwide, there are often more affordable options for students.

“As students’ participation in the students’ health care program continued to decline, that caused individual student costs to increase, which went into that decision or comparison to the health exchange program and what their costs were and that may be a better option for our students,” said Youde.

Many students may be faced with difficult decisions next year. Now that premiums need to be paid monthly rather than being bundled into tuition, a new burden falls on individual families. Couple that with fact that Idaho didn’t expand Medicaid leaving fewer students and families without adequate financial support. Students can go to Your Health Idaho for plans, but if they didn’t make enough money, they won’t qualify for health. If students visit www.idahostudenthealth.com they can search plans both on and off exchange and even see if they are eligible for a tax subsidy for an Idaho health insurance plan.

Students who lose SHIP will qualify to enroll in a new plan under the rules of a Special Enrollment Period, but many will not qualify for tax subsidy support from the federal government if they haven’t earned $11,670 as a single person for the year.

Students who do not enroll in an ACA approved plan will not be permitted to enroll in classes. If students are inbound freshman, they will be allowed to enroll into a short-term medical plan until the federal open enrollment opens on  Nov. 1 for plans to go into effect on Jan.1.

The good news is that Ascension, the current Idaho Student Health Insurance broker has built a custom student health exchange to help students find and enroll in an affordable plan. They have online quoting and enrollment tools along with 450 licensed agents to support the influx of calls.

Some important dates to take note of are:

  • June 1: This is when plan pre-enrollment for an Aug. 1 effective date begins
  • 1 and Aug. 14 are when Boise State, Idaho State and Lewis-Clark plans end respectively.
  • Sept 30 is when the Special Enrollment period ends for enrollment
  • 1: Federal open enrollment begins for Jan. 1 Effective Dates.

For questions about Idaho Health Insurance, visit: www.idahstudenthealth.com


Idaho Cancels Student Health Insurance Plans

Idaho college students are being forced off of their student health plans and unfortunately for many students, they may not qualify for a subsidy on Your Health Idaho. If an individual (single) student made less than $11,670, then they will not have access to the federal premium tax subsidy available to those who purchase a plan on Your Health Idaho.

To make matters worse Idaho is a state who decided not to expand Medicaid. Medicaid is joint federal and state program that helps low-income individuals or families pay for the costs associated with long-term medical and custodial care, provided they qualify. Although largely funded by the federal government, Medicaid is run by the state where coverage may vary. By not expanding this program as many other states have, low income earners will get no tax subsidy and will pay full price for their health plans.

Many argue that this is counterintuitive as it’s clear that low income earners should benefit most from the Affordable Care Act. So in a sense, the decision to cancel the student health program has out many students into a greater financial burden as they now have a new monthly expenditure compared to the old student health insurance plan that was bundled into tuition which typically is financed and paid at a later date.

According to the AP, experts are divided on whether this trend is positive. Some argue that plans from the marketplace are cheaper than college plans, while opponents say that the plans are less likely to be purchased this way since they aren’t part of a lump sum payment each year or semester.

There are also concerns that health exchange plans offer less coverage than the college plans previously offered.

Universities that are dropping insurance include William Paterson University, New Jersey City University, University of Washington, Washington State University, and Idaho State University, among others.


Idaho Health Exchange

 

Your Health Idaho is the is an independently run health insurance exchange for individuals, families and small businesses. Your Health Idaho, allows consumers to shop and compare Idaho health insurance plans. Your Health Idaho is where residents of Idaho must go if they wish to exercise their right to premium tax credits to assist in payment of their health insurance plans if they qualify.

 

Premium tax credits are future tax credits that can be applied in advance to a health insurance plan to help reduce the current months cost also called premium. Your Health Idaho allows consumers to shop through what are known as “Consumer Connectors” which include agents, brokers and Enrollment Counselors. Agents associated with Idahostudenthealth.com are a type of Consumer Connectors and will assist applicants with finding plans either on or off of Your Health Idaho.

It should be noted that not all Idahoans will be eligible for a premium tax credit. Since Idaho did not choose to expand Medicaid. Medicaid is A state-administered health insurance program for low-income families and children, pregnant women, the elderly, people with disabilities, and in some states, other adults. The federal government provides a portion of the funding for Medicaid and sets guidelines for the program. States also have choices in how they design their program. Idaho’s Medicaid program is operated by the Idaho Department of Health and Welfare.

Since this site focuses on providing insurance to college students in Idaho, we make special note of the significance of this to students. If a single person earns less than $11,670 per year, which is many of the students in Idaho, these individuals will not qualify for a premium tax subsidy. And since Idaho did not expand Medicaid, there is no additional support for these people.

With recent developments in the higher education space in Idaho such as the cancellation of student health insurance plans at Boise State, Idaho State and Lewis-Clark State College, we anticipate higher than usual volumes of new young individuals to need coverage. With the lack of fiscal support from the ACA, we also foresee many students electing Catastrophic and Bronze level plans. This can have some unexpected repercussions as these plans, while cheaper, also have much higher deductibles and less rich benefits.

It is highly recommended that students who are losing coverage consult with one of our Your Health Idaho certified agents so that they can be supported during this important decision.

 

Click below for more information about:

Premium Tax Subsidies and how it relates to students

Special Enrollment Periods for Students who have lost health insurance coverage

Boise State

Idaho State

Lewis-Clark