Insurance companies react to ACA changes
When the President announced Thursday that insurance companies could offer customers their original health insurance plans, people all across the country were left with a lot of questions. And so were the health insurance companies.
Blue Cross Blue Shield Michigan representatives say they are still trying to figure out exactly what it is they can offer their customers.
"We don't have answers right now" said Andy Hetzel, Vice President of Communications at BCBS. "We are taking a look at what the President has suggested and we haven't made any decisions yet that we can communicate to our customers at this time."
Priority Health Insurance says that they were prepared for the President's announcement.
"We made a decision early on last year that we wanted to extend or 2013 policies through 2014," said Joan Budden.
Fair, affordable, and clear policies are what both companies want for all of their customers.
"The intent of all these changes is to get the 1.2 million people uninsured in Michigan, covered," said Budden. "And in order to do that you have to give them access to affordable health care. I think that's what both plans are trying to do."
"We want to see an insurance market that is stable, where people know what their options are, where insurance companies know what the rules are and we'd rather work in that kind of stable market," said Hetzel.